Oops, Banks Are Playing Hide and Seek with Commercial Real Estate Risks: A NY Fed Report
Welcome to the Wacky World of Commercial Real Estate Mortgages! What’s the Deal with Banks Tweaking Terms? So apparently, banks have been playing around with the terms of commercial real estate mortgages to hide potential losses. Sneaky, right? According to a report released by the Federal Reserve Bank of New York, this shady behavior is…