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Citi Could Be Stuck With Troubled Casino Loan as Mortgage Market Seizes Up

March 25, 2020

Wall Street Journal, MAr. 24, 2020–Peter Grant, Katherine Sayre (subscription)
The market for issuing securities backed by commercial mortgages has frozen up, leaving some of the biggest names on Wall Street stuck with billions of dollars of loans that are rapidly deteriorating in value.
https://www.wsj.com/articles/citi-could-be-stuck-with-troubled-casino-loan-as-mortgage-market-seizes-up-11585051202?mod=hp_listb_pos2

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