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Real Estate & Property Law

: Housing Wire

Fitch Keeps Negative on CMBS as Losses Continue

By DIANA GOLOBAY

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Both recognized and potential losses in commercial mortgage-backed securities (CMBS) are climbing and look unlikely to improve without lasting recovery of the commercial real estate (CRE) market and broader economy, according to Fitch Ratings. The condition of the CRE market looks only worse in light of the effect accounting changes will have on lenders’ ability to [...]

Full post as published by Housing Wire on December 28, 2009 (boomark / email).

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