Latest news
Latest news
Green securitizations have been prominent in CMBS this year
Rating cut as note pays more interest than planned
Inflation caused by war threatens budding recovery in commercial real estate
More articles
-
Silverstein Properties, the development of the new Seven World Trade Center in New York, is considering an estimated $550 million refinancing that could include roughly $425 million in securitized debt and the balance in Liberty bonds.
-
The loan securitized in the Alburn Real Estate Capital 6 U.K. commercial mortgage-backed securitization should have a managed disposal of its assets, according to a review by Brookland Partners, the financial adviser in the transaction.
-
Clydesdale Bank shelved its new U.K. residential mortgage-backed issue from its Lanark Master Trust late on Thursday after the bank was downgraded by Standard & Poor’s.
-
Mass. Sues Five Banks Over Foreclosures Martha Coakley, the attorney general of Massachusetts, has filed a lawsuit against Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally Financial over their foreclosure practices.
-
Mortgage delinquencies in October dropped to 30% of their peak in January 2010, while foreclosures hit an all time high, according to Lender Processing Services.
-
Moody’s Investors Service is contemplating a change to the way it considers interest-only bonds in assigning ratings that could result in a wave of downgrades to more than $600 million in commercial mortgage-backed securities, according to Deutsche Bank.
-
Financial Guaranty Insurance has filed sued against GMAC Mortgage, Residential Capital and other affiliates of Ally Financial for allegedly misrepresenting the quality of loans packaged into mortgage-backed securities.
-
Cantor Commercial Real Estate is marketing CFCRE 2011-C2, its second commercial mortgage-backed securities deal. It hopes to price the $774.1 million offering early next week, according to filings with the Securities and Exchange Commission.
-
Liquidity in Europe’s secondary asset-backed securities markets has been lower in recent days.