Articles About CMBS
- Author:
- Tom Silva
- Posted:
- 03.20.2008
The Truth About Sub-Prime
With all of the bad news about the housing market and the impact of sub-prime loans, its worth putting this in a historical context. The U.S. mortgage market totals $12 trillion. Of that, $2.4 trillion is sub-prime loans. Of this 20% of the debt will go bad — about $400 billion. That equates to 3% […]