Latest news
Latest news
Triple-As were priced at 170bp over Sofr, close to guidance
US market remains the model as template issuance takes shape
Deal is backed by three data centers in Virginia, Illinois and Atlanta
More articles
-
Commercial mortgage-backed securities lenders are starting to close the gap to their counterparts at life insurance companies, tightening their quoted spreads while continuing to offer higher loan-to-value ratios.
-
Loan defaults in commercial mortgage-backed securities appear to be stabilizing with a 14.5% rate projected by the end of year, compared with 12.7% in 2011, according to Fitch Ratings.
-
The delinquency rate for loans in U.S. commercial mortgage-backed securities rose sharply in March, up 31 basis points to 9.68%, according to Trepp.
-
Ethan Penner, one of the founding fathers of the commercial mortgage-backed securities market, is set to leave CBRE Capital Partners, according to sister publication Real Estate Finance Intelligence.
-
The proposed credit bid on the Opera Finance (Uni-Invest) commercial mortgage securitization could become an attractive model for future workouts on certain CMBS deals that have stalled, according to market officials in London.
-
Netherlands-based lender Obvion has privately placed a securitization of Dutch prime residential mortgages, STORM 2012-II.
-
The percentage of loans in commercial mortgage-backed securities delinquent 30 days or more increased 42 basis points in March—the largest monthly increase since November 2010—to 10.04%, according to Wells Fargo analysts.
-
Liquidation of conduit loans in commercial mortgage-backed securities remained near 12-month lows in March at 95; around the same level as the preceding month but well below the 12-month moving average of 150, according to Trepp.
-
The Federal Reserve is considering fines on smaller servicers not included in the recent government settlement with their bigger counterparts over foreclosure practices.