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
-
Unless the CMBX derivative index starts to offer information about daily trading volumes, portfolio managers believe more insurance companies will move toward making direct commercial loans rather than investing in more volatile commercial mortgage-backed securities.
-
The British Broadcasting Corporation’s commercial mortgage-backed securities deal, Juturna, has had its ratings knocked down to AA from AAA after MBIA, which wrapped the transaction, suffered the same downgrade to its insurer financial strength rating last week.
-
It’s been smooth sailing to date for refinancing fixed-rate loans, according to a recent report from Fitch Ratings.
-
JPMorgan is adding a co-head of global securitized products from Bear Stearns. Mike Nierenberg, head of foreign exchange and rates at Bear Stearns, will now co-head the global securitized products business with Bill King.
-
The Japanese structured finance market saw a commercial mortgage-backed security, L-JAC 7, close this week.
-
RBC Capital Markets and Barclays Capital have closed a £109m securitisation of a natural gas pipeline in Northern Ireland.
-
Top-ranked banks such as UBS and Merrill Lynch fell dramatically or disappeared completely from the top 10 in first quarter’s global league tables provided by Dealogic for Total Securitization.
-
JPMorgan has released a new credit model that judges risk down to a granular level on fixed-rate commercial mortgage backed securities.
-
The Commercial Mortgage Securities Association has raised the alarm over the synthetic CMBX index, concerned it does not serve as a fair benchmark and has injected volatility into the underlying cash market, according to sister publication Derivatives Week.