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Loan Modification

: Mortgage Lender Implode-o-Meter

As CMBS Delinquencies Hit All Time Record, Wall Street Looks For Greater Fools

By Implode-Explode Heavy Industries

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``The delinquency rate on commercial mortgage-backed securities reached 9.2% in December, the highest on record, according to analytics firm Trepp. When the delinquencies dipped in October, analysts began anticipating a continued recovery, but the rate jumped 35 basis points in November and another 27 bps in December.''

Full post as published by Mortgage Lender Implode-o-Meter on January 06, 2011 (boomark / email).

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