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  • Senior noteholders in Eurohypo’s troubled Opera Finance (Uni-Invest) commercial mortgage securitization this week gave the go-ahead to the proposed credit bid restructuring from private equity firms TPG and Patron Capital.
  • Widespread structural flaws in commercial mortgage-backed securities in Europe, the Middle East and Africa, particularly loans that fail to repay at maturity, expose senior noteholders to interest-rate risk, according to Fitch Ratings.
  • JPMorgan today priced its $1.1 billion public commercial mortgage-backed securities deal, JPMCC 2012-C6.
  • UBS and Barclays Capital are preparing their latest commercial mortgage-backed securities conduit issuance.
  • Less than half—47%--of loans in commercial mortgage-backed securities due to mature in March were paid off on time, according to Morningstar.
  • JPMorgan has launched its $1.1 billion commercial mortgage-backed securities deal, JPMCC 2012-C6.
  • U.K. lender Coventry Building Society is preparing to come to market with its first securitization of prime residential mortgages, Leofric No. 1.
  • Mark Pappas, the head of Gleacher & Co.’s mortgage finance unit, has reportedly left the firm in recent weeks.
  • Apollo Residential Mortgage, a unit of alternative investment manager Apollo Global Management, is targeting a Friday close for a secondary offering of equity shares in its real estate investment trust, which invests in both agency and private-label residential mortgage-backed securities.