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on Jul 8, 2016

Interesting how credit is no longer a C that is mentioned today. Yes I realize that most of these transactions are non-recourse however I think if we had reduced the number of non-recourse higher leverage transactions how much that may have helped offset problems in the CRE mortgage market.

on Jul 8, 2016

Agree...... although no single metric is a litmus test of a good vs bad loan, default studies have shown that the amount of equity is a pretty good predictor of future problems.

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