CMBS sales likely will stay below $15 billion in 2010, analysts say

01/20/2010 | Bloomberg

Analysts at JPMorgan Chase and Barclays Capital said sales of mortgage-backed securities likely will total less than $15 billion and possibly as little as $10 billion this year as borrowers deal with deteriorating property values. Data compiled by JPMorgan show that the commercial mortgage-backed bond market slid from $237 billion in debt sold in 2007 to $12 billion in 2008 and $1.4 billion in 2009.

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