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The CMBS market is getting a boost with the return of mezzanine investors that will purchase some of the riskiest pieces of securitizations or commercial real estate loans.
January 24 -
CMBS special servicers are working out underperforming mortgages at an increasingly faster pace. However, these companies are still fighting an "uphill battle" this year, Fitch Ratings analysts said in a report released today.
January 21 -
The Securities and Exchange Commission (SEC) published a fact sheet this morning on a rule requiring ABS issuers to disclose the history of both the requests they received and repurchases they made related to their ABS outstanding.
January 20 -
Standard & Poor's put 1,981 structured finance tranches in Europe, Middle East and Africa (EMEA) on creditwatch negative yesterday as a result of the revision of its counterparty criteria.
January 19 -
The secondary market for real estate loans is active despite a dearth of new origination for both the commercial and residential markets.
January 18 -
The Federal Deposit Insurance Corp. (FDIC) will not exercise its authority under the Dodd-Frank Act to reclaim or recover assets transferred by a financial company into a securitization, said FDIC acting FDIC General Counsel, Michael Krimminger in a letter to the industry.
January 18 -
Royal Bank of Scotland (RBS) introduced its new CMBS Conduit Credit Monitor this month, which details delinquency rates, default and loss balances as well as severities for the fixed-rate conduit CMBS universe.
January 14 -
Cohen & Co. has formed a new venture with FundCore Finance Group to create a commercial real estate (CRE) conduit lender. The conduit will start originating loans in this quarter.
January 14 -
This week the Securities and Exchange Commission (SEC) proposed rules that would require most ABS issuers to still file periodic reports for the life of the publicly registered ABS.
January 13 -
The National Association of Insurance Commissioners (NAIC) released at the end of last year a list of CUSIP-level breakpoints for insurance firms to use to determine their capital requirements. The NAIC's list has a set of five breakpoints for every insurer-held bond, each with a corresponding NAIC designation.
January 13
