Bank United in Miami Lakes, Fla., has appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.
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Morgan Stanley and Citigroup were among a trio of commercial mortgage securitizations with presale reports issued Monday. Morgan Stanley is securitizing a pool of commercial mortgages in a $719.8 million asset-backed structure. Citigroups Commercial Mortgage Trust 2016-C2 is a $609.17 million syndicate conduit transaction that includes consortium of large loan properties.
August 8 -
In a report issued Monday, Moodys stated that green building features are becoming an important factor in maintaining property valuations and tenant occupancy levels, and can likely result in higher debt repayment performance of the commercial mortgage through maturity.
August 8 -
Fannie Mae and Freddie Mac could need as much as $126 billion in bailout money from taxpayers in a severe economic downturn, according to stress test results released Monday by their regulator.
August 8 -
A new premier Manhattan office development project 10 Hudson Yards has parceled out part of its debut $708 million commercial loan into a commercial mortgage-backed facility of loans through Deutsche Bank and Citigroup. CD 2016-CD1 is a pool of 32 fixed-rate loans secured by 58 commercial properties.
August 8 -
Rules requiring CLO managers to keep skin in the game of their deals has taken a toll on smaller firms. But the resulting thinning of the ranks has created room for some new players that are better capitalized, including insurance companies.
August 7
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Credit Suisse is marketing $180.8 million of bonds backed by a portfolio of 58 suburban office and industrial properties totaling 3.9 million square feet, according to Standard & Poors.
August 7 -
The Loan Syndications and Trading Association has finalized a rule designed to speed up settlement of leveraged loans.
August 7 -
Ally Financial, the nation's largest auto lender is dismissing comparisons between the subprime mortgage bubble and the more recent boom in car loans.
August 5 -
Underwriting league tables for asset-backed securities for the year through August 5, 2016.
August 5 -
Two Harbors, which last week announced it was getting out of private label mortgage securitization business, is marketing one last deal. The deal, Agate Bay Mortgage Trust 2016-3, is backed by 518 loans with a total balance of approximately$380.7 million, according to Fitch Ratings.
August 4 -
The Consumer Financial Protection Bureau on Thursday issued a final rule for mortgage servicers that provides greater protections to struggling borrowers, surviving family members and borrowers in bankruptcy.
August 4 -
Deutsche Bank and Goldman Sachs are marketing $600 million of bonds backed by a single, newly constructed Manhattan office building, 10 Hudson Yards.
August 4


