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Re: $770 billion of the $1.4 trillion commercial mortgages currently underwater.
About $770 billion of the $1.4 trillion commercial mortgages that will mature in the next five years are currently underwater, according to Foresight Analytics. As of last week, 106 banks had failed this year, the most since 1992—the peak of the savings-and-loan crisis. Regional and community banks especially have been paying dearly for their aggressive push into commercial real-estate lending during the boom years. $770 billion of the $1.4 trillion commercial mortgages currently underwater. $770 billion of the $1.4 trillion commercial mortgages currently underwater. Rating :
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$770 billion of the $1.4 trillion commercial mortgages ...
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fairvalue23 |
 
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1-Nov-09 05:49 pm |
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