J.P. Morgan to Revive Bad-Loan Securities
Nov 18th, 2011 | By WSJ.com: Real Estate | Category: News worldwide
J.P. Morgan Chase & Co. plans next year to issue the first U.S. commercial-mortgage-backed securities supported by distressed loans since the 1990s, as it revives a practice that regulators used to extricate the nation from the savings & loan crisis.