Category Archives: CMBS

Companies seek new office buildings, shun ‘aging’ ones!

Companies seek new office buildings, shun ‘aging’ ones! This has led to an uptick in the default rate for CMBS backed by ‘buildings with large vacancies and insufficient cash flow to pay back their debt’! The default rate in December hit 2.53%, up from 1.81% in November. Compounding the problem is the fact that companies […]

Buyer beware of mortgage securitization audit scams

What is a mortgage securitization audit? First things first, what is a mortgage securitization? This topic is vast and it opens up the world of Wall Street, the mortgage industry, the real estate boom, foreclosures and an investment product that you may or may not have heard of by the name of REMIC’s. It gets […]