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Loan Modification

: Loan Modification & Home Loan News

Investors Concerned About Commercial Mortgage Backed Securities

By Moe Bedard

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Defaults on commercial mortgages bundled into securities are climbing to records, threatening bondholders with steeper losses and putting pressure on property owners and lenders to restructure their loans. According to Fitch Ratings, more than 11% of some $536 billion of loans packaged into commercial-mortgage-backed securities are expected to be at least 60 days past due by [...]

Full post as published by Loan Modification & Home Loan News on April 21, 2010 (boomark / email).

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