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Loan Modification

: Mortgage Lender Implode-o-Meter

There Goes The CMBS Neighborhood

By Implode-Explode Heavy Industries

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"In a nutshell - the rating agency announced that it was likely to downgrade $235.2 billion in CMBS securities as it evaluates how these would fare in an "extreme economic downturn." And, as a reminder for those who may be confused why in a week the Fed will change inclusion criteria for CMBS in the TALF,"

Full post as published by Mortgage Lender Implode-o-Meter on June 26, 2009 (boomark / email).

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