Ray Gatten is credited with developing the first peer-to-peer consumer loan securitization while at National Alliance Securities; Philip Toth is a veteran of the same firm. .
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With COMM 2014-CCRE17, the volume of CMBS deal marketing this week hits $4.3 billion.
April 23 -
Despite potential regulatory hurdles and dire reports on the decreasing quality of underlying assets in collateralized loan obligations, structured credit experts said they see almost no letup in investor demand for CLOs in the foreseeable future.
April 23 -
At an IMN conference, Tom Finke laid into a recent article in Fortune likening CLOs to both CDOs and troublemaking legacy RMBS. His message is CLO pros have to be better self-advocates.
April 23 -
Bankers, mortgage lenders and real estate brokerage firms are expected to win some relief soon from a provision of the qualified mortgage (QM) rule that restricts fees paid to affiliates.
April 23 -
The banks WFRBS 2014-C20 transaction is backed by 98 fixed-rate commercial mortgage loans that are secured by 142 properties.
April 23
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New York regulator Benjamin Lawsky raised fresh concerns about potential "self-dealing" by Ocwen with affiliated businesses that critics say try to capture real estate commissions and charge additional fees to homebuyers.
April 22 -
The banks' JPMBB 2014-C19 CMBS conduit is backed by 61 commercial mortgage loans that are secured by 100 properties.
April 22 -
Wells Fargo is marketing a $449 million floating rate CMBS transaction backed by 25 loans.
April 22 -
Volkswagen is in the market with a $1 billion securitization of auto loan receivables the issuers first of 2014.
April 22 -
Standard & Poor's believes Congress will renew the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) but there is a risk that if scaled back enough, it would create credit and liquidity issues for CMBS, in the same way that letting the policy lapse would.
April 22 -
Vornado Realty Trusts plan to spin off 81 strip shopping centers and four malls into a new publicly traded real estate investment trust wont cause an immediate credit fallout for bonds exposed to these properties, said Barclays analysts in a report.
April 21 -
Some lenders in the subprime auto-loan space appear to be raising their underwriting standards, according to Moodys Investors Service.
April 21







