News

Could the Commercial Market Become the Next Mortgage Crisis?

According to a Wall Street Journal article, federal officials are trying to prevent commercial foreclosures from creating another economic downturn in the fashion that housing market securities have created.  Two looming problems in the commercial-mortgage-backed-securities sector are a cause for concern: bad underwriting, and the inability of owners to refinance loans. For the full article, please visit The Wall Street Journal (Subscription Required).