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  • CMBS: Collapsing Issuance and Skyrocketing Spreads  [View article]
    That bolding about loan to value is somewhat inaccurate. Moody's is describing their average loan-to-value number which is a stressed cash flow number with a conservative cap rate. So it's not like that's appraisal-to-loan value.
    Nov 15 10:20 am |Rating: 0 0 |Link to Comment
  • CMBS: Collapsing Issuance and Skyrocketing Spreads  [View article]
    That bolding about loan to value is somewhat inaccurate. Moody's is describing their average loan-to-value number which is a stressed cash flow number with a conservative cap rate. So it's not like that's appraisal-to-loan value.
    Nov 15 10:20 am |Rating: 0 0 |Link to Comment
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