Bank-Held Commercial Mortgage Defaults At 18-Year High

25 May 2010

The default rate on commercial mortgages held by banks hit 4.17% in the first quarter, the highest level since 1992, according to Real Capital Analytics.

The default rate on commercial mortgages held by banks hit 4.17% in the first quarter, the highest level since 1992, according to Real Capital Analytics. The .34 percentage point increase over the fourth quarter of 2009 does not include apartment buildings, and the default rate is expected to ...

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