Tag: Defaults

The Implosion of Commercial Office Space Has Begun – Part 5: Derivatives Domino

AAA-rated bonds within a CMBS derivative product backed by CRE have defaulted for first time since the Great Financial Crisis.

The Implosion of Commercial Office Space Has Begun – Part 4: Derivatives

MBS, CDO, and CDS synthetic securitization made their way into the CMBS markets as banks search for ways to manage capital constraints and risk.

Zombie Debt Transports Yellow Trucking Into Bankruptcy

The company was blessed with a final Hail Mary under the CARES Act - which transportation companies stand to benefit.

Record Student Loan Debt and the Clueless Mob’s Forgiveness Finale

Biden’s socialist wealth transfer is paid by 2/3 of Americans with no degree for 1/3’s education as a crass political payoff. Debt is never wiped out.

The Implosion of Commercial Office Space Has Begun

A global commercial real estate crash is likely in 2-5 years with major CRE foreclosures as the work from home phenomenon gains steam.