Banking Misconduct Blog


Retail Sees High CMBS Default Rates

Mortgage Daily reported this week that the rate of late payments on securitized commercial mortgage backed securities (CMBS) funded loans rose yet again. The record number of balloon payments coming do this year means defaults will likely continue throughout the year. In fact, the fear of a major...

Can I Sue My Bank for Not Providing Promised Refinancing

[Spoiler Alert – There is hope for borrowers fighting banks who failed to deliver on a promised refinancing.]

The failure of banks to deliver on a promised modification or refinancing is one of the most frequent complaints we hear from commercial borrowers. In the typical...

CMBS Delinquencies Increase – What Can Borrowers Do?

January 2017 was another bad month for CMBS delinquencies. The percentage of loans financed with commercial mortgage backed securities that are now considered delinquent once again creeped over 3.00%. According to the trade publication Mortgage Daily, the long term outlook is even bleaker.
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