Latest news
Latest news
TwentyFour priced its Dutch prime RMBS refi, Blackstone its sterling logistics CMBS
Blackstone is aiming to execute its CMBS before the market shuts for Global ABS
Second large office CMBS in quick succession after The Soloviev Group sold a $1.7bn New York office CMBS last week
More articles
-
Banco BPI’s tender offer on a number of its residential mortgage-backed bonds has produced fewer buy-backs than expected, market officials in London said.
-
Investors in commercial mortgage-backed securities could stand to lose upwards of $100 million in special servicer fees stemming from loans that are only briefly serviced and in some cases never went delinquent, according to Deutsche Bank research analyst Harris Trifon.
-
Redwood Trust is preparing to tap the residential mortgage-backed securities market with the first U.S. private-label RMBS of the year: Sequoia Mortgage Trust 2012-1.
-
A loan securitized in the EUR1.5 billion ($1.9 billion) Windermere X commercial mortgage-backed deal has been fully prepaid.
-
Vintage commercial mortgage-backed securities offer more opportunities for institutional investors than the newer, more transparent CMBS, according to Richard Urban, investment manager at advisory firm Cardano.
-
Investors in the HSBC-sponsored Nemus 2006-1 synthetic CMBS were vindicated in their reluctance to tender, as the largest reference obligation in the structure prepaid in full on Friday.
-
The success rate of mortgage servicers to stem investor losses on seriously delinquent loans in residential mortgage-backed securities varies greatly from firm to firm, according to Standard & Poor’s.
-
The single property backing the Wesser Strasse loan, securitized in Credit Suisse’s Titan Europe 2006-3 commercial mortgage-backed deal, has been sold for EUR50 million ($63.5 million).
-
Congress’s late-year move to levy a 10 basis point fee for 10 years on government agency mortgage borrowers to pay for an extension to the payroll tax cut through the end of February is likely to increase mortgage rates and lower refinancing demand on lower-coupon mortgages, according to analysts at JPMorgan.