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
-
Deutsche Bank is set to avoid putting its own regulatory capital to work by using an agency-style structure when it launches a new German multi-family CMBS. The preliminary prospectus for the Deutsche-arranged deal could hit the market by the end of this week.
-
UBS and Barclays are preparing a roughly $1 billion conduit deal as investors brace themselves for a wave of new commercial mortgage-backed securities offerings.
-
Several second tier U.K. lenders are said to have put on hold plans to roll out residential mortgage-backed issues as a result of the Bank of England’s Funding for Lending Scheme, again raising concerns about the impact the program will have on securitization volumes.
-
Stateside, investors were seen clamoring for one lone ABS deal, a farm and construction equipment transaction from John Deere Capital, that priced tight amid the otherwise barren ABS primary landscape. -
Dutch lender Obvion has returned to market with the fourth securitization of prime residential mortgages from its STORM program this year.
-
As European securitization continues to be an “issuers’ market,” conditions for more non-conforming, buy-to-let and commercial mortgage-backed deals to come to market look favourable, London-based officials say.
-
JPMorgan has priced JPMCC 2012-FL2, a $466 million commercial mortgage-backed securities deal that is also the first floating-rate offering of the year.
-
The Fleet Street Finance 3 German commercial mortgage-backed securitization has been downgraded by Fitch Ratings on the back of concerns over the underlying assets in its largest loan.
-
European primary securitization activity looks to be building, with two new trades from non-U.K. issuers set to warm up the market in early September.
