Commercial Properties’ Ability to Repay Mortgages Was Overstated, Study Finds

Wall Street Journal, Aug. 11, 2020–Cezary Podkul (subscription)
Thousands of commercial-mortgage borrowers have been struggling to meet payments on their loans in the midst of the coronavirus pandemic. But there might be another reason so many are falling behind: aggressive lending practices that overstated borrowers’ ability to repay.