U.S. CMBS Defaults Set To Increase

Loan defaults for U.S. commercial mortgage-backed securities are expected to increase after this year due to loans with high loan-to-value ratios and more interest-only loans being added to new transactions, according to Fitch Ratings.

  • 11 Jul 2007

--Cathy Cunningham

Loan defaults for U.S. commercial mortgage-backed securities are expected to increase after this year due to loans with high loan-to-value ratios and more interest-only loans being added to new transactions, said Britt Johnson, senior director at FitchRatings.

Although CMBS loan defaults fell 15% by balance last ...

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