Moody's reports CMBS losses continued to rise in the second quarter

08/12/2010 | Google

Losses on commercial mortgage-backed securities continued to rise in the second quarter, Moody's Investors Service reports. The weighted average loss severity rate is now 35.4%, up from 34%. That number will rise even higher as loans originated from 2006 to 2008 are liquidated, Moody's senior analyst Keith Banhazl says.

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