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Loan Modification

: Mortgage Lender Implode-o-Meter

Fitch: CMBS delinquencies at 8.4% despite record loan mods

By Implode-Explode Heavy Industries

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"Special servicers modified a record $2.1 billion in loans backing commercial mortgage-backed securities (CMBS) in August, but delinquencies continue to grow, according to the credit-rating agency Fitch Ratings."

Full post as published by Mortgage Lender Implode-o-Meter on September 10, 2010 (boomark / email).

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