CMBS still good buy, Prudential's Lillard says

06/26/2013 | Bloomberg

The commercial mortgage-backed securities market remains a good investment despite recent losses spurred by concerns over the future of the Federal Reserve's bond-buying program, according to Prudential Financial CEO Michael Lillard. "You've seen a big overreaction to the Federal Reserve," Lillard said. "We really think it's a situation where commercial real estate is pretty solid."

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