Surprises in MSA Delinquency Rates, Congressional Request for CMBS Borrower Relief, “Problem Banks”

The economic recovery: A glass half full or half empty? We examine the congressional request for CMBS borrower relief, delinquency rates by MSA, retail stories that caught our eye, the future of affordable housing, the increase in “problem banks,” and the importance of CLOs to the broader market. Episode Notes: Is the glass half empty or half full for the economic recovery? (1:03) The congressional request for CMBS borrower relief (6:42) Surprises in delinquency rates by MSA (13:33) Retail stories that caught our eye (23:59) The future of affordable housing (28:48) The FDIC’s reported increase in “problem banks” (32:17) Why CLOs are so crucial to the broader market (38:38) Vegas baby, Vegas? (42:25)