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  2. Commercial mortgage - Wikipedia

    en.wikipedia.org/wiki/Commercial_mortgage

    A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex.The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.

  3. Strategic default - Wikipedia

    en.wikipedia.org/wiki/Strategic_default

    A strategic default is the decision by a borrower to stop making payments (i.e., to default) on a debt, despite having the financial ability to make the payments.. This is particularly associated with residential and commercial mortgages, in which case it usually occurs after a substantial drop in the house's price such that the debt owed is (considerably) greater than the value of the ...

  4. Default (finance) - Wikipedia

    en.wikipedia.org/wiki/Default_(finance)

    In finance, default is failure to meet the legal obligations (or conditions) of a loan, [1] for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt.

  5. What is business loan default? - AOL

    www.aol.com/finance/business-loan-default...

    Home & Garden. Medicare. News. ... Business loan default occurs when you miss a certain amount of payments on a business loan ... small business commercial and industrial loans decreased by 16.8 ...

  6. About $929 billion commercial mortgages will mature ... - AOL

    www.aol.com/finance/929-billion-commercial...

    In mid-December 2023, Capital Economics released an outlook for 2024 predicting that commercial real estate property values would fall another 10% in 2024 after falling 11% in 2023.

  7. What happens if you default on a business loan? - AOL

    www.aol.com/finance/happens-default-business...

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