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From the report: "In September 2009, the delinquent unpaid balance for CMBS increased to $31.73 billion from $28.16 billion a month prior. Such delinquent unpaid balance is up an astounding 583% from one-year ago (when only $4.64 billion of delinquent balance was reported for September 2008), and is now over 14 times the low point of $2.21 billion in March 2007. An increase in four of five delinquent loan categories was noted in September, with a slight decline experienced in the REO bucket (reflected in the increased liquidations for September). Despite such decline, the distressed 90+-day, Foreclosure and REO categories grew in aggregate for the 22nd straight month – up by $1.48 billion (8%) from the previous month and over $16.65 billion (547%) in the past year (up from only $3.044 billion in September 2008)."
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A map showing how Greensboro residents voted for mayor. A very stark divide between east and west Greensboro.
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A look at how a GSO political handler evaluated the field and got a political neophyte elected mayor of Greensboro.
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David Hoggard has an interesting post about last nights Greensboro election results, including a link to a blog post at Yes!Weekly about the work of Bill Burckley who managed the campaign of mayoral upset winner Bill Knight.