CMBS

Average daily volume in the CMBS market in December is down versus November, according to data reported by the Financial Industry Regulatory Authority's Trade Reporting and Compliance Engine or TRACE.

Redwood Trust said it is currently seeing a very robust pipeline of potential CMBS transactions.

DDR Corp. has appointed Luke Petherbridge senior vice president of capital markets.

One of the biggest liquidations for a TOP CMBS with a significant loss severity, at 86% or $51.2 million, has occurred.

DebtX, Boston, has been hired to sell roughly $334 million of troubled acquisition, development and construction loans for a bankrupt real estate fund.

Ashford Hospitality Trust, Dallas, has restructured and extended the maturity date on a $203.4 million mortgage loan that was originally due this month.

A10 Capital hired Chuck Taylor to head Southeast markets for the firm.

The drop over 3Q11 of commercial and multifamily loans is a credit positive for CMBS, according to Standard & Poor's in a note released this morning.

CRE debt and equity provider CWCapital hired Todd Trehubenko as managing director in multifamily based in its Needham, MA office. The firm is a subsidiary of CW Financial Services.

The European Central Bank (ECB) has relaxed its collateral requirements for repo eligibility in a move that encourages new ABS activity.