Everything is Overloaded?
Is it just me or does everything feel like it is on the verge of cracking. I am on a CMBS desk and every piece of the puzzle seems to be overwhelmed. Rating agencies can't keep up with the volume, servicer's turning away business, appraisers refusing to take assignments, burn out, record trading volumes, issuance of CRE CLOs / SASB at records with no sign of slowing down. Other posts I see on this forum seems to share the same sentiment. Is this sustainable?