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  • About $1 billion of credit facilitates could be extended to new real estate investment trusts this year to facilitate the warehousing of mortgages in the lead up to fresh private-label residential mortgage securitizations, according to officials.
  • Yorkshire Building Society, a U.K.-based thrift, is set to launch its first foray into the residential mortgage-backed market with a new deal called Brass No. 1.
  • Credit Suisse is shopping Alba 2011-RP1, a rare post-crisis non-conforming U.K. residential mortgage-backed deal.
  • Germany has topped the U.K. in the number of loans in commercial mortgage-backed securities within Europe, the Middle East and Africa that are specially serviced, according to Moody’s Investors Service.
  • Moody’s Investors Service reports that performance of Spanish securitization transactions backed by loans to small- and medium-sized enterprises deteriorated in the first quarter, regardless of originator or vintage.
  • FIG
    Deutsche Bank has announced its long-awaited CMBS, DECO 2011, which will securitise the senior acquisition loan for Blackstone’s purchase of Chiswick Park.
  • Delinquencies of loans in U.S. commercial mortgage-backed securities inched up in April to 9.22% from 9.16% the preceding month, according to Moody’s Investors Service.
  • Early talk on $3 billion in two new commercial mortgage-backed securitizations timed to hit ahead of the Memorial Day holiday has AAAs near swaps plus 100 basis points, according to investors.
  • Deutsche Bank formally rolled out today its widely trailed U.K. commercial mortgage securitization, DECO 2011-E5, with price guidance on the West London, Chiswick Park business center CMBS registering 10 basis points tighter than early market chatter.