Extend-and-pretend and forbearance deals widely implemented to “cure” delinquent CRE mortgages. By Wolf Richter for WOLF STREET. The office and multifamily sectors of commercial real estate loans got further bludgeoned in August, despite large-scale extend-and-pretend and forbearance deals executed in the hopes for better times and lower interest rates and more demand so that lenders don’t end up with the property and a huge loss. The delinquency rate of office mortgages that have been securitiz...