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Loan Modification

: Mortgage Lender Implode-o-Meter

Defaults Still a Long Way from Peaking

By Implode-Explode Heavy Industries

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"Over the course of a 17-year period, securitized commercial real estate loans in default have generally been smaller balance. That is changing as larger CMBS loans from 2005 through 2007 run aground, Standard & Poor?s says in a new report. The study also predicts that the peak of defaults will be farther in the future than in previous downturns."

Full post as published by Mortgage Lender Implode-o-Meter on October 28, 2010 (boomark / email).

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