mortgage industry
News and info on the mortgage industry, including updates on the mortgage crisis as well as information on how to protect you land and assets.
95% Drop in CMBS in 2008
This year $171 billion of commercial/multifamily mortgages will mature, without any liquid commercial mortgage market to take out these loans with fresh money.
The Mortgage Bankers Association report released yesterday says that commercial mortgage backed securities fell 95% in 2008.
The Mortgage Bankers Association report released yesterday says that commercial mortgage backed securities fell 95% in 2008.
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