| From Dow Jones: U.S. Federal Reserve Chairman Ben Bernanke said Tuesday the central bank is closely monitoring the commercial real estate market, given the difficulty borrowers are having to refinance those loans.
The commercial real estate market could suffer from the same foreclosure troubles that have inflicted the residential market, Bernanke told the House Financial Services Committee. He said borrowers are having trouble refinancing the loans either through banks or the securitization market.........Full Article (Subscription Required) : Source
|