CMBS

Moody’s Investors Service slammed its rival ratings agencies for their recent assessment of a CMBS deal backed by a single, large loan, the mortgage on the Altamonte Mall in Altamonte Springs, Fla.

Moody’s Investors Service has changed how it incorporates sovereign risk into structured finance transactions.

Wells Fargo and RBS priced WFRBS Commercial Mortgage Trust 2013-C12, a $1.2 billion conduit backed by 100 commercial mortgage loans secured by 138 properties.

The $270 million LCCM 2013-GCP Mortgage Trust is backed by a $275.0 million loan secured by the fee interest in Grand Central Plaza, an office building and free-standing restaurant in New York, N.Y.

Morgan Stanley plans to issue a $160.0 million CMBS large loan transaction backed by Altamonte mall located in Altamonte Springs, Florida.

Analysts at Bank of America Merrill Lynch have a beef with new rules from the Basel Committee on Banking Supervision (BCBS) that spell out how much regulatory capital needs to be set aside for securitizations.

Delinquencies on loans that back commercial mortgage securities fell for the second consecutive month in February, to their lowest level in a year, according to a report published Monday.

As many as 20 board members have resigned from the American Securitization Forum in a dispute over control of the trade group.

Citigroup plans to issue a $240 million CMBS large loan transaction backed by a shopping mall, called Citigroup Commercial Mortgage Trust 2013-SMP.