Most of the so - called inverted credit curves are concentrated in securities firms, banks and bond insurers that reported more than $ 100 billion in losses on mortgages to borrowers with poor credit. (nakedcapitalism.com)
But Lisa Pendergast, managing director at RBS Greenwich, suggests the curve is so tight that «buyers aren't being sufficiently compensated for moving down the CMBS credit curve.» (nreionline.com)
Overcoming challenges in the CMBS market - eroding underwriting standards, legacy credit risk, longer term refinance risk, and a flat credit curve (iglobalforum.com)