Relevant:
- Commercial Mortgage Bond Market Stays Shut Amid U.S. Program
- America's Dying Shopping Malls Have Billions in Debt Coming Due
- Commercial Property Losses Mount as Loan Servicers Triage Real Estate Debt
- U.S. mall investors set to lose billions as retail gloom deepens (SECURITIZED CMBS IMPLICATED!)
- Bank of America $2.4 Billion Settlement Approved by Judge
2009-06-11 — bloomberg.com
" Investors in bonds that packaged $62 billion of debt for U.S. offices, hotels and shopping malls are bracing for more loan defaults through 2010 as Bank of America Merrill Lynch says landlords’ monthly payments may jump 20 percent or more."
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