Latest news
Latest news
Rating cut as note pays more interest than planned
Inflation caused by war threatens budding recovery in commercial real estate
The rise of the European master trust and the CLO market nears shut down
More articles
-
Former Sandler O’Neill & Partners managing director and head of mortgage strategy Scott Buchta has joined boutique investment banking firm Brean Murray, Carret & Co. as head of fixed income strategy.
-
Obvion priced STORM 2012-V Wednesday morning, a new issue of Dutch residential mortgage-backed securities from its STORM program, and a swift follow-up to last month’s well-received STORM 2012-IV.
-
More than 70% of the gross U.K. residential mortgage lending market has opted for the Bank of England’s Funding For Lending Scheme, further signaling that the primary market for U.K. residential mortgage-backed securities—the country’s largest securitization sector—is likely to experience a lag in productivity.
-
The Royal Bank of Scotland has privately placed the £463.2 million ($747.5 million) Isobel Finance No. 1 U.K. commercial mortgage-backed securitization, the second new issue European CMBS in as many weeks.
-
AXA Real Estate Investment Managers plans to increase its commercial real estate debt investments to €7bn by the end of this year, as it expands its hunt for secondary loan portfolios and opportunities to underwrite new loans.
-
A weekly roundup of securitization sectors with year-to-date totals in ABS, CMBS, RMBS and CLOs in the US and Europe. -
The Deco 6 U.K. commercial mortgage securitization, rolled out by Deutsche Bank in 2005, has seen its class B and C notes downgraded once more by Standard & Poor’s this week.
-
Banco Santander Totta is pitching a novel tender offer that would see it buying back three classes of residential mortgage-backed bonds from investors in exchange for exposure to a covered bond.
-
The European CMBS market received a welcome shot of adrenaline this week when Deutsche Bank priced Florentia, only the third European CMBS to surface since the crisis began in 2008, the first in euros and the first to be backed by second-tier quality commercial real estate, writes Bill Thornhill.
