Latest Mortgage News: Commercial-Mortgage Bond Payments Fall Short as Property Values Decline
Wednesday, August 11th, 2010Commercial-Mortgage Bond Payments Fall Short as Property Values Decline
Holders of commercial-mortgage backed securities have had $1.1 billion in interest withheld as plunging property values lead to reappraisals that eat into bondholders’ payments, according to data compiled by Bloomberg.
CarlFarbman
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