Remember the debt tsunami? That was the huge wave of commercial mortgages made during the real estate boom that would crash the real estate market when they hit the end of their loan terms. The first wave of short-term loans passed by in the early years of the recovery without causing as much damage as feared. Now the second wave of long-term loans is nearing, starting in 2015. Some experts still worry that borrowers will have trouble refinancing these long-term loans and may eventually ...
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