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CMBS

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  • Springleaf Financial’s residential mortgage-backed deal priced hot on investor demand—in line with previous expectations going into the week—according to market players.
  • Dutch lender Aegon Levensverzekering N.V. said Friday it is preparing a new securitization of prime Dutch residential mortgages from its Saecure program—making it the first Dutch RMBS deal to offer dollar-denominated bonds.
  • A $108 million loan secured by a Manhattan office property owned by commercial real estate mogul Joseph Moinian—$95 million of which is securitized in WBCMT 2007-C32—went into special servicing this week.
  • JPMorgan is set to market JPMCC 2012-C6, its latest commercial mortgage-backed securities deal, according to sister publication Real Estate Finance Intelligence.
  • Another asset backing the Mozart Whole Loan—the largest of 10 German commercial property loans securitized in ABN Amro’s EUR1.82 billion ($2.39 billion) Talisman 7 CMBS—has been sold.
  • The last remaining commercial mortgage-backed securities that made up Lehman Brothers’ busted collateralized debt obligation Excalibur Funding No. 1 are set to be sold.
  • Santander U.K. has priced a new under-the-radar securitization of prime U.K. residential mortgages from its Holmes RMBS program.
  • Santander U.K. has priced a new under-the-radar deal securitization of prime U.K. residential mortgage-backed securities from its Holmes program.
  • More than one-third of European insurance investors could bail from the securitization market completely if the European Union’s proposed Solvency II regulations are adopted, with the remaining 67% keen to “dramatically” slash their securitization investments, according to a stark industry poll by the Association for Financial Markets in Europe.