Brace Yourself for Rough Waters

Scotsman Guide, Feb. 2012 By Ann Hambly, founder and co-CEO of 1st Service Solutions   By the end of 2011, uncertainty over the future of distressed commercial mortgage-backed securities (CMBS) overshadowed positive signs of lower delinquency rates. Defaults...

Where, Oh Where Have All the CMBS Defaults Gone?

REBUSINESS Online, Jan. 2012 By Ann Hambly, founder & CEO 1st Service Solutions   From January 2009 through 2010, the CMBS default curve resembled a steep climb up Mount Everest with an approximate 90-degree incline. The default rate reached a peak of more...