Training and Events; Freddie Mac's K-Deals; Top QC Issues

Posted To: Pipeline Press

Think you have problems? What if you owned a mall and your main tenant is Toys "R" Us? As in the Toys "R" Us that declared bankruptcy. You aint alone: about $5.5 billion in CMBS (commercial mortgage backed securities) are exposed to Toys "R" Us bankruptcy. Like so many other retailers that are grappling with a significant amount of debt, Toys "R" Us formally filed for Chapter 11 bankruptcy protection on September 18th attempting to "resolve" roughly $400 million in debt that will mature by 2018. Training and Events Wells Fargo Funding, in cooperation with Fannie Mae, is hosting an in-market, first-time homebuyer/affordable product events in Philadelphia, PA (Oct. 4). The event runs from 11:00-3:30 p.m. Pacific (including lunch) - and is focused on helping lenders gain...(read more)

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