CMBS

Morgan Stanley and Bank of America are marketing a $1.2bn commercial mortgage-backed securitization deal.

Flagstar Bancorp Inc. is selling a portfolio of commercial loans, including commercial real estate loans, to CIT Bank for $779 million that will expand CIT's middle market customer base.

Securitization of very large commercial loans, a hallmark of the CMBS market before the financial crisis, is making a comeback -- but with a twist.

Freddie Mac’s is marketing its $1.2 billion multifamily offering expected to price during the week of January 7, according to a press release.

The Trepp CMBS delinquency rate held at 9.71% in December 2012, unchanged from the previous month.

In the EMEA area (Europe, Middle East, and Africa) a slew of commercial mortgage backed securities are maturing this month.

The collateralized debt obligation (CDO) may not have a great reputation, but it has an important strength: versatility.

The much-maligned collateralized debt obligation appears to be set to play a crucial role in the recapitalization of commercial real estate. Only no-one is calling these deals CDOs.

Barclays Capital weighed in on the effects of updated valuations for mortgage-backed securities held by U.S. insurers.