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CMBS issuance could edge up in the short run, as predicted by a recent spike in origination, Standard & Poor's said in a release. CMBS conduits origination soared 638% in Q2 year-on-year, and jumped 210% from Q1, according to data from the Mortgage Bankers Assocation released last week. There is a caveat though: recent reports suggest that lending has tanked.
August 9 -
A gauge of CMBS tenant risk in the U.S. has scarcely been nicked by the U.S. downgrade, according to Standard & Poor's.
August 9 -
In 2Q11, the quality of the loans backing CMBS conduits held steady in terms of leverage, although there are already signs of more aggressive underwriting, Moody's Investors Service said in a report released today on its quarterly review.
August 8 -
The CRE Finance Council (CREFC) hired Martin Schuh to fill the newly created position of director, legislative and regulatory policy. The new hire is based in CREFC’s new Washington, DC office.
August 8 -
Loeb & Loeb hired Peter Seiden and Bryan Petkanics to join its New York office as partners in its commercial finance practice.
August 5 - Europe
The Titan Europe 2006-5 transaction posted a notice published yesterday indicating that the Quartier 206 shopping center that secures the defaulted loan with the same name was placed into "public administration".
August 5 -
CMBS delinquencies in the U.S. have reached a new record high as a result of a slew of new late-pays along with below-average loan resolutions last month, Fitch Ratings analysts said.
August 5 -
Global financial firms are in danger of drowning in the ocean of uncertainty that floats between the rhetoric of the G-20 and the reality of international regulation.
August 3 -
A recent federal appeals court decision is likely to cause the delay of dozens of pending Dodd-Frank Act regulations.
August 3 -
The 30+ delinquency rate on CMBS shot up in July to a record 9.88%, according to a report by Trepp. This comes after two consecutive declines in the delinquency rate in May and June.
August 2
