Commercial Property Losses Mount as Loan Servicers Triage Real Estate Debt
September 18th, 2010
“The delinquency rate for commercial mortgages packaged into bonds climbed to 8.1 percent in August from 7.89 percent in July, Moody’s Investors said in a report today. More than $51.5 billion in such loans were at least 60 days late on payments compared with $22 billion a year ago, Moody’s said. ”
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