CMBS

Marathon Asset Management hired three new partners for its structured and corporate credit businesses.

Information services firm Markit is launching a new family of indices referencing CMBS issued since 2010. The Markit TRX.II indices will begin trading on Oct. 3.

This week there are three auto deals that have surfaced in the ABS market. The three companies that have brought these deals to the securitization market are Nissan Motor Acceptance Corp. (NMAC), Toyota Motor Credit and Volkswagen.

ASR just launched a weekly video news update to give our readers a quick rundown of breaking news throughout the week.

Barclays Capital and FundCore Finance Group have established a CMBS loan origination and securitization program.

The CMBS market rallied for a second straight day. The sector was boosted by rising equity markets and word that new CMBS deals in September are being well received by investors, according to Trepp.

DBRS hired David Sánchez Rodríguez for its structured finance group as assistant vice president.

Clopton Capital will expand its capital lending base available for commercial real estate (CRE), CMBS, and SBA loans for income-producing U.S. CRE.

Roughly 9.43% of CRE loans – including multifamily product – that have been securitized are now 30-days or more late, a record, according to new figures compiled by the Mortgage Bankers Association (MBA).

The American Securitization Forum (ASF) is opposing the creation of a board by the Securities and Exchange Commission (SEC) that would choose which rating agency is allowed to new-issue securitizations.