Six federal financial regulatory agencies are looking over a proposed rule to establish new appraisal requirements for "higher-risk mortgage loans."
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Moody's Investor Service said today in an "unsolicited" comment that the JP Morgan Chase CMBS conduit, Commercial Mortgage Securities Trust 2012-C8, lacks sufficient credit enhancement throughout most of the deal's capital structure.
October 10 -
Fannie Mae’s $22.3 billion in year-to-date multifamily issuance through the third quarter suggests 2012’s total will easily top 2011’s, according to a capital markets executive.
October 10 -
Plans for issuance of a new type of mortgage security from Fannie Mae and Freddie Mac, the so-called "risk sharing" bond , could become a casualty of the Oct. 12 changes to how the U.S. Commodity Futures Trading Commission defines "commodity pools".
October 10 -
Guy Carpenter appointed Peter Barr to the position of senior vice president of its regional reinsurance market team.
October 10 -
After surging 19.6% the last week of September as mortgage rates fell to new historic lows, refinancing activity eased back.
October 10
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Trafigura AG completed a $250 million receivables purchase facility that was syndicated by Finacity Corporation.
October 10 -
Penske Truck Leasing Co. has completed its first asset-backed bank conduit facility with a group of six banks for $450 million.
October 9 -
The CRE Finance Council and investment research firm Morningstar have teamed up to launch a data set covering all facets of commercial mortgage-backed securities
October 9 -
Alliance Data Systems Corporation and GE Capital are each in the market with credit card ABS securitization deals that total a combined $1.032 billion.
October 9 -
Sallie Mae will issue a $976 million securitization of private student loans.
October 9 -
Hyundai Motor Co. and American Honda Finance Corp. are marketing two auto securitization deals that will be sized at $1.5 billion and $1bln respectively.
October 9 -
Investment bank EA Markets is muscling up their structured finance team by bringing on three new hires: Neil Winward, Greg Raykher, and Gerry Kaufman.
October 9