12/22/2004 Issue

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Insider: Dominion Bond Ratings’ Erin E. Stafford
By Erika Morphy

The industry typically looks to the top 10 CMBS loans as a measure of its overall health and liquidity. So Dominion Bond Rating Service recently decided to examine the next tier of loans—that is, loans 11 through 20—to see if the industry had been missing anything in its earnest focus on the top 10. The results? Less than reassuring, says Dominion analyst Erin Stafford.


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