Abstract
This examination of several empirical models that allow for loan seasoning and recession uses data from a recent Fitch CMBS loan default study. Loan seasoning produces a permanent increase in default rates, while the recession bump in defaults is temporary. Thus, different views of the relative importance of seasoning and the recession imply optimistic and pessimistic views of the future.
- © 2002 Pageant Media Ltd
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600
Log in using your username and password
In this issue
CMBS Loan Defaults
Jump to section
Similar Articles
Cited By...
- No citing articles found.