The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Sunday, February 06, 2011
Maturing Commercial Mortgage Loans A Big Headache For Business Owners
Major problem with commercial real estate. Fitch Rating reports that 30% of commercial mortgage-backed securities loans set to mature in 2011 do not pass their refinance test. Say it is not true. Can we not just forget about it and bury these problem loans in the same way that we did with sub-prime residential loans? That is, not "mark-to-market" the true value of the loan, simply carry the loans at their face value of 100%, which once again protects the Mega-money Center Banks and Wall Street at the expense, once again. of the American taxpayers.
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