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
-
A number of securitization market participants are lobbying bank regulators to consider a phase-in period for risk-based capital requirements that are set to go into effect on January 1, the same time that the Financial Accounting Standards Board will implement FAS 166 and FAS 167.
-
Structured finance software specialists Principia Partners is aiming to tackle the administrative requirements thrown up by the latest Basel recommendations with a new patch for its existing software.
-
The New York Federal Reserve has received more than $2.1 billion of loan requests to purchase legacy commercial mortgage-backed securities in October’s subscription period for the Term Asset-Backed Lending Facility.
-
The London-based International Accounting Standards Board said yesterday it will not be widening its scope to incorporate other financial assets, mortgage-backed securities or loans into its fair value rule.
-
A number of commercial real estate investors and industry trade groups are lobbying the New York Federal Reserve to broaden the parameters of the Term Asset-Backed Securities Loan Facility to include mezzanine and junior AAA-rated commercial mortgage-backed securities.
-
The AAA notes of the £490 million ($801 million) Epic (Industrious) securitization of U.K. commercial properties will lose about 25% of their value as a result of a sale of the underlying properties, the first time formerly AAA-rated European CMBS will suffer losses.
-
Bids wanted in competition for European securitized products have come back in force, with more than 30 totalling £1 billion ($1.63 billion) last week and another 15 totalling £500 million ($815 million) this week.
-
The CMBS downgrade onslaught continued this week with dozens of cuts across multiple jurisdictions.
-
Goldman Sachs and JPMorgan are preparing to resume their conduit lending programs, with Goldman sending out a term sheet that spells out the parameters of the bank’s march back into the securitized lending market.