CMBS

CMBS can make a relative comeback this year, although issuance will likely still be a far cry from what it was at the height of this market.

A panel at ASF 2011, which is being held in Orlando this week, discussed the implications of the legislative mandate under 939A of the Dodd-Frank Act to reduce reliance on credit ratings. Panelists also explored potential alternatives to credit ratings.

ABS issuance will be slightly north of last year’s, according to panelists in today’s 2011 market outlook panel at ASF 2011. The conference is being held in Orlando this week.

Barclays Capital is currently marketing the first whole business securitization since the financial crisis.

Commercial property values have fallen 42% from their peak in 2007 and there are roughly $1 trillion in underwater commercial real estate (CRE) loans maturing the next few years that could be difficult to refinance, according to a new report from Trepp.

The Federal Deposit Insurance Corp. (FDIC) Friday named Michael Krimminger, a close aide to Chairman Sheila Bair, as the agency's new general counsel.

Refinancing for European CMBS continues to be challenged by a prolonged recovery in the lending market for non-prime properties.

In December, the 30-day plus delinquency rate on multifamily mortgages continued to climb, according to new figures compiled by Trepp.

Most people believe the Basel III capital rules are buttoned up. International regulators worked hard, agreed in December to impose tough standards and then gave bankers eight years to meet them.

U.K. supermarket retailer Tesco is planning a ₤680.0 million ($1.09 billion) securitization of rental income derived from 21 retail stores located in the U.K.