Mattson-Teig, Beth
November 2007
Retail Traffic;Nov2007, Vol. 36 Issue 11, p77
Trade Publication
The article discusses the bad effect of subprime mortgage drop to commercial real estate collaterized debt obligation (CRE CDO) in the U.S. for 2007. It notes that CRE CDOs will be the riskiest in terms of mortgage liquidity crisis because 11% of them had included residential subprime mortgages as part of their asset mix. As a result, CRE CDO market ground has ended and has not yet started. Meanwhile, CRE CDO topped in the 2006 security issuance and is expected to double its issuance in 2007.


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