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
-
U.K. lender Nationwide Building Society is modifying its residential mortgage-backed securities master trust, Silverstone, which market officials in London say will pave the way for a new issuance from the program shortly.
-
Senior bondholders in Merrill Lynch’s £447.1 million ($737 million) Taurus U.K. 2006-2 commercial mortgage securitization are set to benefit from last week’s sale of St. Katharine’s Dock, one of the underlying properties in the U.K. CMBS deal.
-
The Department of Justice is investigating Standard & Poor’s over its ratings of mortgage-backed securities in the years before the start of the financial crisis.
-
Asset manager Van Eck Global has launched its Market Vectors Mortgage Real Estate Investment Trust Income Exchange-Traded Fund, focusing on mortgage REITs.
-
Ally Securities is building up its presence in collateralized mortgage obligations, hiring away trader Bruce Graham from BNP Paribas and structurer Chris O’Bara from Normura Securities.
-
Deutsche Bank analysts have revised upward its forecast for losses on commercial mortgage-backed securities sold between 2005 and 2008 from 8.7%, which it predicted in December, to 9.36%.
-
Deutsche Bank is talking with banks and law firms about two new European commercial mortgage-backed securities deals, according to market professionals in London. -
The country’s 50 largest banks acquired an estimated $9 billion in mortgage-backed securities guaranteed by the federal government in the second quarter, while their non-agency MBS fell by $300 million, according to research by the National Information Center.
-
U.S. District Judge Marian Pfaelzer has handed Bank of America a victory by consolidating eight lawsuits against the bank’s Countrywide Financial unit over mortgage-backed securities.
