Changes to tax rules lift CMBS

09/22/2009 | Housing Wire

Commercial mortgage-backed securities surged last week, partly as a result of new tax rules that might increase modifications. But the changes are not expected to help all borrowers. "[O]ur view is that for loans that are deep underwater, and there are many of these, the new guidelines would not help," Bank of America Securities-Merrill Lynch analysts said in a research note.

View Full Article in:

Housing Wire

Published in Brief: