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  • A property securitized in Credit Suisse’s Titan Europe 2006-3 commercial real estate deal is set to be sold off after Hatfield Philips, the special servicer, obtained a court order to force a compulsory auction of the single asset backing the Quelle Nürnberg Loan property.
  • Freddie Mac will begin securitizing previously delinquent mortgage loans that have reclaimed their performing status.
  • Freddie Mac has announced that beginning this month it will start securitizing mortgages that had been delinquent but have returned to performing status.
  • A loan underpinning Morgan Stanley’s pan-European Silenus (European Loan Conduit) ELoC No. 25 commercial mortgage securitization has been given a six-month extension after the borrowers failed to pay at maturity.
  • JPMorgan is preparing to offer what is believed to be first U.S. commercial mortgage-backed securities tied to non-performing loans.
  • Roy Chun has joined Freddie Mac Multifamily as asset management senior director of surveillance from the Federal Deposit Insurance Corporation.
  • Europe’s stalled commercial mortgage-backed securities market could see a slow, steady flow of issuance in the new year, though conditions for new deals remain tough, according to London-based lawyers at Paul Hastings.
  • Issuance of residential mortgage-backed securities from the large U.K. master trusts continues to fuel Europe’s securitization volumes as the year draws to a close, though some investors remain concerned about a lack of diversity in the region’s ABS melting pot.
  • Barclays Capital priced its first, new-issuance of residential mortgage-backed securities in four years, Gracechurch U.K. RMBS 11-1, with one of the large, dollar-denominated tranches upsizing before the deal priced Thursday.