on securitized commercial mortgage backed securities (CMBS) funded loans is surging at an alarming rate.
The record number of balloon payments coming do this year means defaults will rise substantially in 2017.
Core CPI, the Credit Contraction Connection At what point does the credit contraction in commercial real estate, auto loans, credit cards and student loans – leak over to core consumer prices? We believe 2017 will be a watershed moment, an acceleration of retail store closures and rent reductions – leading to credit risk contagion.
When asked if she had any regrets about the way she spent her childhood, Dunst said: "Well, it's not a natural way to grow up, but it's the way I grew up and I wouldn't change it.
I don't think anybody can sit around and say, 'My life is more screwed up than yours.' Everybody has their issues." At the age of six, she made her feature film debut in a minor role in Woody Allen's short film Oedipus Wrecks that was released as one-third of the anthology film New York Stories (1989).
The major correction in the retail sector is only making the situation worse.
Some US.6bn of property loans packaged into CMBS deals since 2010 could be impaired, Morningstar Credit Ratings estimated in Q4 of last year.