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Make that three ways Special servicers -- firms assigned to handle vulnerable CMBS loans -- are bracing for the worst crash of their careers. They’re staffing up following years of downsizing to handle a wave of defaults, modification requests and other workouts, including potential foreclosures. CMBS is "Commercial Mortgage Backed Security" and don't worry, since BlackRock is distributing money for the Fed they'll all get bailouts.Borrowers with mortgages representing almost $150 billion in CMBS, accounting for 26% of the outstanding debt, have asked about suspending payments in recent weeks, according to Fitch Ratings. Following the last financial crisis, delinquencies and foreclosures on the debt peaked at 9% in July 2011.