CMBS

Chief executives from the country's largest banks sent a letter to the White House and Congress Thursday urging them to reach an agreement the week of July 25 to raise the debt ceiling.

The U.S. CMBS default rate jumped to 12.9% at the end of the second quarter of 2011, marking a 228 basis point increase since the end of 2010, according to Fitch Ratings.

Let's skip ahead to Aug. 3. The debt ceiling hasn't moved an inch and the United States no longer enjoys a coveted triple-A credit rating. Now what?

The heads of CMBS trading at Citigroup and Goldman Sachs departed this week according to a Bloomberg report.

U.S. senior fixed-income investors are taking a more conservative view of cross asset credit conditions on the back of recent macroeconomic concerns, according to a Fitch Ratings fixed-income forum survey of fixed income professionals, conducted in June.

Is the Basel Committee on Banking Supervision building an effective set of capital rules, one that will accomplish the goal of competitive parity?

Standard & Poor’s announced late yesterday that, in connection with the advanced notice of proposed criteria change, they will not currently assign ratings to transactions that are based on the U.S. conduit/fusion criteria.

A report by the Securities and Exchange Commission (SEC) revealed some mispractices by broker-dealers in selling structured securities products. For the study, the SEC looked closely at eleven broker-dealers.

Trepp released a report on bank loan delinquencies for 2Q11 ahead of the final Federal Deposit Insurance Corp. (FDIC) figures.

All sectors of the commercial real estate market showed signs of stabilization or slight improvement in 1Q11, according to Moody’s Investors Service Red-Yellow-Green quarterly property assessment.