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Thursday, March 16, 2017

Investors Betting That Mall Owners Will Default On Mortgages

Nearly a decade ago, some investors scored big payouts by predicting that the housing boom’s glut of mortgage-backed securities would turn out to be toxic. Now there are investors betting on the hope that more mall owners will soon be letting their properties go into foreclosure. 

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2 comments:

  1. AnonymousMarch 16, 2017 at 6:07 AM

    I'm waiting for the Centre at Salisbury to close all the while a new mall will be opening just a few miles North on Rt. 13 in Tax Free Delaware.

    Thanks Jake Day!

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    Replies
    1. AnonymousMarch 16, 2017 at 8:25 AM

      This really shows the uneducated people in the area commenting on something they know nothing about. As a matter of fact the center at Salisbury is the only profitable mall that the corporation owns. This mall is going nowhere and has nothing to do with Jacob Day. Times are changing and so is business.

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