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
-
Downgrades on peripheral European countries’ credit ratings are making it more expensive for banks to hold peripheral asset-backed securities paper, according to a senior London-based ABS trader, but a lack of liquidity is making it tough to offload.
-
The U.S. Department of Justice is investigating Standard & Poor’s and Moody’s Investors Service over its ratings of mortgage-backed securities.
-
Fitch said on Friday that pub company and care homes securitisations will no longer be able to pick up triple-A ratings under its new methodology.
-
Cantor Commercial Real Estate has continued lending despite post-downgrade volatility, according to Senior Managing Director Michael May, who said the firm is quoting new loans in the 5-6% area.
-
Invesco Mortgage Capital has announced a public offering of 20 million shares of common stock priced at $18.37 a share to raise roughly $367.4 million for the purpose of acquiring additional residential and commercial mortgage-backed securities.
-
Investment in residential mortgage-backed securities in Chicago could be hindered by a local ordinance that includes lenders and financial firms in its definition of “property owners,” according to Moody’s Investors Service.
-
U.K. lender Nationwide Building Society is modifying its residential mortgage-backed securities master trust, Silverstone, which market officials in London say will pave the way for a new issuance from the program shortly.
-
Senior bondholders in Merrill Lynch’s £447.1 million ($737 million) Taurus U.K. 2006-2 commercial mortgage securitization are set to benefit from last week’s sale of St. Katharine’s Dock, one of the underlying properties in the U.K. CMBS deal.
-
The Department of Justice is investigating Standard & Poor’s over its ratings of mortgage-backed securities in the years before the start of the financial crisis.