Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
The commercial mortgage bond market looks like it's in shambles, according to hedge funder John Devaney.
Devaney, whose fund was pummeled during the 2008 subprime mortgage crisis, said he saw more t… [+2116 chars]
Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says
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