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Real Estate & Property Law
: Housing WireS&P Warns on CMBS; CRE Bust Here?
By PAUL JACKSON
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Standard & Poor’s Ratings Services warned Tuesday morning of a coming slide in commercial mortgage-backed securities, as the economic recession appears set to take a bite out of one of the few remaining real estate asset classes to survive much of the turmoil in financial markets worldwide. The rating agency said it had recently performed [...]Full post as published by Housing Wire on April 07, 2009 (boomark / email).
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