CMBS

Although European CMBS saw a boost in new issuance in September, with two new transactions closing in a single month for the first time since August 2007, S&P believes that this activity is not indicative of a "sustainable rebound".

Multifamily and commercial mortgage loan provider Greystone has formed the Greystone Bassuk Group, a joint venture with The Bassuk Organization.

In the wake of Hurricane Sandy, delinquency rates are expected to rise in RMBS deals.

CNH Capital America will issue under its CNH Equipment Trust 2012-D.

U.S. financial institutions will not be required to start complying with Basel III capital and liquidity requirements by Jan. 1, according to a joint statement issued by regulators on Friday.

Interest shortfalls in European CMBS loans continue to push note-level defaults. In September, the number of defaults pushed the 2012 total to 21, which is more than half of the 37 defaults seen in 2011, according to a Standard & Poor’s report.

The percentage of loans paying off on their balloon date remained elevated in October, according to the Trepp Oct. 2012 payoff report.

More than $1.5 billion in loans resolved pushes the delinquency rate to fall 30 basis points, it's largest drop in 14 months. Trepp is expecting this trend to continue in the upcoming months.

Freddie Mac said today that it expects its fifteenth multifamily CMBS from its K multifamily series of deals to price this week.

Standard & Poors said that in October the weighted average default risk of the top 70 tenants in U.S. conduit/fusion CMBS transactions was unchanged.