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Real Estate & Property Law

: Housing Wire

Fitch Poised to Take Action on Recent CMBS

By DIANA GOLOBAY

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Fitch Ratings this week said it expects 2006 through 2008 vintages of commercial mortgage-backed securities (CMBS) to “substantially underperform” earlier vintages. These vintages are vulnerable to significant performance issues, given their origination at peak market conditions and weaker underwriting standards, the rating agency said in a report this week. The news arrives as the latest indication [...]

Full post as published by Housing Wire on July 09, 2009 (boomark / email).

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