Here's an eye-popper!
October 14, 2009
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RELATED TICKERS: IYR
From Bloomberg.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aHcl5LeUkzRE
The volume of delinquent commercial mortgages jumped sevenfold last month, Credit Suisse Group AG analysts said in a report Oct. 9. Data from Moody’s Investors Service show prices have plummeted 38.7 percent from October 2007 peaks.
WOW!