CMBS

Auction.com plans to put out for bid at least two commercial real estate (CRE) loan packages per month for the next three months totaling more than $1.86 billion.

The European Central Bank (ECB) is reportedly publishing a letter later this month outlining plans for a data warehouse of underlying loans that back ABS deals.

As REITs emerge as a key source of agency MBS demand and become the marginal buyers for mortgage-backeds, spreads are still range-bound even though there is the news that the Treasury is unwinding its MBS portfolio, according to Bank of America Merill Lynch analysts in a report released today.

JPMorgan Chase plans to sell a $1.5 billion B-piece offering to Torchlight Investors, according to a Bloomberg report.

Cantor Commercial Real Estate (CCRE) is in the market with its very first CMBS worth a little more than $634.5 million.

The investment banking firm Sandler O’Neill & Partners added a team of five sales professionals to its Chicago-based, fixed-income group.

Investors have proven slow to return to the European securitization market. The limited appetite has been matched by a lackluster amount of securitization supply that market analysts said has created an imbalance in secondary and primary securitization pricing.

The dollar number of U.S. fixed-rate loans that were liquidated in March rose by 49% from the levels in February, according to Trepp. However, the majority of loans with losses have losses of less than 2%.

Spanish pharmaceutical company Grifols launched a $105 million private placement transaction Wednesday, with Mesirow Financial as its agent, a source familiar with the situation confirmed.

While saying JPMorgan Chase & Co. had enough capital already to comply with new Basel III requirements, Jamie Dimon, the bank's chairman and chief executive, said regulators had gone too far in crafting the international capital accord.