2008 REDUX! Wall St Member Banks have been packaging MBS in to CMBS… Wall St started to accumulate entire neighborhoods and pass them off as CMBS… CMBS is MBS 2.0…. Its called “Private Label CMBS” and almost entirely funded by Member Banks…
by dilkmud0002 I do believe that Wall St started to package entire neighborhoods in to CMBS… They are essentially wrapping up entire neighborhoods and calling it “CMBS”. This has artificially kept the prices of housing/rents up. The FED… Pays money …