S&P Projects Rise In CMBS Defaults

Standard & Poor’s predicts that the default rate on North American commercial mortgage-backed securities has not yet reached its peak.

  • 19 Aug 2009
Standard & Poor’s predicts that the default rate on North American commercial mortgage-backed securities has not yet reached its peak. S&P says the number of CMBS defaults in 2008, 528, was more than twice that of 2007, and the figure will grow even higher as more recent loans ...

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