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Loan Modification

: Mortgage Lender Implode-o-Meter

Goldman Sachs, Citigroup Plan $1.4 Billion Commercial Mortgage Bond Sale

By Implode-Explode Heavy Industries

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"The transaction will bring 2011 sales of commercial- mortgage backed securities to about $8 billion, compared with $11.5 billion in all of 2010, according to data compiled by Bloomberg. Turmoil in the Middle East has caused investors in the debt to pull back and increased the relative yield sellers have had to pay in the past month, according to a March 11 report from Barclays Capital."

Full post as published by Mortgage Lender Implode-o-Meter on March 14, 2011 (boomark / email).

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