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CMBS

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  • Aegon Levensverzekering has hit the market with Saecure 10, a €1.5 billion ($2.1 billion) securitization of Dutch prime residential mortgage loans.
  • Santander has privately placed £250 million ($350.8 million) of bonds from its Holmes residential mortgage-backed securities master trust with a single investor, according to an official close to the deal.
  • The CRE Finance Council has released a new set of market standards for commercial mortgage-backed securities.
  • Deutsche Bank has named Ben Solomon as head of secondary commercial mortgage-backed securities trading.
  • Commercial mortgage-backed securities issued since the restart of the industry have generally outperformed legacy vintages during volatility seen in the past two weeks.
  • Angelo, Gordon & Co. is rolling out a new fund to invest in legacy and new issue commercial mortgage-backed securities.
  • Ireland face a review of its bank bailout plan following release of the results of the latest round of stress tests, according to Herman Van Rompuy, president of the European Council.
  • Investors in U.K. commercial mortgage-backed securities may file claims that the CMBS are in default, using a principle established by a British court earlier this month involving residential mortgage-backed securities issued by a unit of Lehman Brothers Holdings.
  • Issuers in Europe’s covered bond market are predicting more credit investors to dive into the sector this year, as well as strong, sustained interest from the U.S. buy-side, according to panelists at Information Management Network’s issuer strategy roundtable on covered bonds in London.