CMBS

Vendors anticipated hearing May 27, the Friday after ASR's deadline, whether they could bid on the contract to build and operate a repository to collect and make available data for loans backing European RMBS, a project several steps ahead of a similar effort in the U.S.

In April, Cantor Fitzgerald & Co. came to market with its debut new-issue CMBS transaction that was backed by loans originated by Cantor Commercial Real Estate (CCRE), a real estate financing business formed by Cantor Fitzgerald and CIM Group in August 2010.

The first investor meeting for the largest German multifamily CMBS was held last week.

An eminent domain action this year that a recent Barclays Capital report indicated might hurt certain investors in one CMBS deal was a one-off event that could have been worse. But it is nevertheless is worth noting as it serves as a reminder that this known but rare risk can crop up occasionally.

Principia Partners released the latest version of its structured finance platform called Principia SFP.

The aggregate value of commercial real estate (CRE) loans priced by DebtX backing CMBS rose to 80.9% as of April 29 from 79.8% as of March 31. Loan values were 76.4% as of April 30, 2010, according to a release from the company.

Despite assertions they got off relatively lightly in the Dodd-Frank Act, foreign banks operating in the U.S. are increasingly worried they will be targeted by some of the regulatory reform law's toughest provisions.

Freddie Mac is coming to market with a $538 million CMBS deal backed by 19 multifamily properties owned by Apartment Investment & Management Co.

Federal bank regulators need to update their commercial real estate (CRE) guidance to bring standards more in line with how examiners treat loans following the financial crisis, according to a new oversight report.

The Securities and Exchange Commission (SEC) voted unanimously to propose new rules and amendments for increasing credit rating transparency and improving their integrity.