CMBS

In a note released this morning, Standard & Poor's analysts said that without the potential regulatory hurdles, the conduit B-piece demand will be sufficient to support the estimated CMBS issuance this year.

The CMBS market paralleled broader markets last week with buyers preparing for quarter end. The spreads were roughly unchanged week-over-week as trading volume slowed, according to Bank of America Merrill Lynch analysts.

New York-based commercial real estate (CRE) finance firm Ladder Capital Finance Holdings appointed Michael Mazzei as president.

In competitive sports, being first is always the goal. But the distance between the U.S. — at the head of the pack — and the rest of the world in crafting financial reforms is becoming a major hurdle for implementing the Dodd-Frank Act.

Redwood Trust's second Jumbo RMBS for 2012 under its Sequoia Mortgage Trust 2012-2 or SEMT 2012-2 is currently marketing. The transaction is worth $327.9 million.

In a report released today, Deutsche Bank Securities analysts examined the impact of Eastman Kodak Co.’s (Kodak) bankruptcy on the Hollywood and Highland loan in WFRBS 2011-C2.

Freddie Mac is marketing its first K-Certificates offering backed exclusively by five-year multifamily mortgages.

The recent transfers to special servicing on CMBS large loans have demonstrated the default risk from near-term tenant rollovers, according to Barclays Capital in a report released Wednesday.

A rise in nonperforming loan sales will be a net positive for commercial real estate, according to Standard and Poor's in a note released this morning.

Given the strong rally in legacy CMBS, many investors are questioning how much and if there is any room for further spread tightening in the sector, FTN Financial analysts said in a report released yesterday.