tag:blogger.com,1999:blog-1227919517269937208.post9058207765116411975..comments2023-09-17T08:37:58.006-06:00Comments on The Good News Economist: Surprise, Surprise, Surprise: Roubini, Jobs, Banks, and MoreEldon Masthttp://www.blogger.com/profile/15444008509086050220noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1227919517269937208.post-34221881174672859722009-07-19T21:06:18.079-06:002009-07-19T21:06:18.079-06:00Rates continue to be quite low even on commercial ...Rates continue to be quite low even on commercial notes. Any commercial loan resets will no doubt be at rates lower than rates at which the notes were originated. While banks have a way to go to work through those, contrary to the commercial note gloomsters, I don't see a storm brewing there given current rates. <br /><br />See my recent posts on significant propensity by investment funds to invest in commercial real estate...<br /><br />Also keep in mind the total value of the commercial real estate market is an order of magnitude less than the residential market. <br /><br />GNEGNEhttp://goodnewseconomist.comnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-87694523653445213872009-07-19T07:53:59.837-06:002009-07-19T07:53:59.837-06:00GNE,
Are you worried about the forecast for big ...GNE,<br /> <br />Are you worried about the forecast for big defaults on CMBSs? I understand from some experts that unlike home mortgages, we're only about 10% through the CMBS problem and that many of them will mature in the next few months with provisions that allow the note holders to simply walk away with no recourse. Can the banks weather this potential storm?Anonymousnoreply@blogger.com