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: Instapundit.com

CHANGE: Commercial Real Estate Borrowers Join the Ranks of Strategic Defaulters. ?What should happ?

By Glenn Reynolds

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CHANGE: Commercial Real Estate Borrowers Join the Ranks of Strategic Defaulters. “What should happen in many cases like that is that the terms get renegotiated to something where both sides are better off than in foreclosure. But as in the residential market, securitization has made this trickier.”


Full post as published by Instapundit.com on August 28, 2010 (boomark / email).

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