New York
Jan 27, 2025
Don’t stop believing: Extend-and-pretend still reigns supreme
Modifications broke records in 2024, Fitch projects more to come in 2025
Extend-and-pretend
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New York
May 21, 2026
“Extend and pretend” is not real, Fed economist says
New research paper by a Federal Reserve Board economist suggests big banks extended CRE loans at historical norms
National
Feb 17, 2026
CMBS delinquencies hit record, lenders abandon “extend and pretend”
Office distress deepened with $25B in loans past maturity