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Loan Modification

: Mortgage Lender Implode-o-Meter

Region's biggest office landlord pursues 'strategic default' to modify loan

By Implode-Explode Heavy Industries

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"The region's biggest office landlord, which already defaulted on its loan on the Columbia Center, is playing a high-stakes game of chicken over another mammoth loan it took out three years ago to buy nine more office towers or complexes in Seattle and Bellevue."

Full post as published by Mortgage Lender Implode-o-Meter on April 22, 2010 (boomark / email).

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