CMBS Conduit Loan Liquidations Surge 51%
The volume of conduit loans in commercial mortgage-backed securities surged 515% last month from December, according to Trepp.
The volume of conduit loans in commercial mortgage-backed securities surged 515% last month from December, according to Trepp. Trepp said liquidations were roughly 21% above the 12-month moving average of $1.3 billion per month, but the December loss severity of 39.54% was the first time it was below
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