© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

CMBS

More articles

  • Russell Investment Management Company is rolling out a new exchange traded fund to invest at least 80% of its value in fixed-income assets, with a particular focus on mortgage bonds, according to the prospectus filed with the U.S. Securities and Exchange Commission.
  • Senior tranches of European commercial mortgage-backed securities have seen strong performance this year, with secondary spreads rallying 85 bps on AAAs compared to a year ago.
  • The average loss severity on conduit loans in U.S. commercial mortgage-backed securities fell to 40.2% last month, from 46.4% in July, according to Trepp.
  • Most defaults in European structured finance stem from collateral issues, not problems with counterparties, according to research by the Royal Bank of Scotland.
  • Fitch Ratings reports that its European CMBS Maturity Repayment Index fell from 40.4% to 34.6% in July as a result of the low repayment rate of loans that matured during the month.
  • K-Bond 1, the German issuer unit of Keystone International, has offered a €50 million ($71.3 million) triple-collateralized mortgage-backed securities.
  • Rising maturity defaults took their toll on the performance of loans in European mortgage-backed securities in the second quarter, according to Fitch Ratings.
  • Santander U.K. has launched and retained a $2.25 billion U.S. dollar-denominated offering of U.K. residential mortgage-backed securities, Langton Securities 2011-2.
  • The default rate for fixed-rate U.S. commercial mortgage-backed securities rose to 12.9% in the second quarter, an increase of 228 basis points from the end of 2010, according to Fitch Ratings.