US Commercial Mortgage : The Next Crisis ?

A commercial mortgage is similar to a residential mortgage, except the collateral is a commercial building or other business real estate. A wave of commercial mortgage delinquencies looms as a potential threat to recovery

FDIC Chairman Sheila Bair in an interview said that commercial mortgages may run more banks out of business this year and next. Bair also said commercial real-estate loans were "catching up" with residential mortgages as a threat to banks' balance sheets. "Commercial real estate is a looming problem.

It's going to be a bigger driver of bank failures toward the end of this year and into next year," she said. So far this year, 84 U.S. banks have failed