CMBS

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.

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.

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.

Bingham McCutchen has elected 13 lawyers to its partnership. The promotions follow a year when the law firm expanded its key practices in the global markets, including launching its Frankfurt-based financial restructuring practice. It also grew its Hong Kong office.

A new Dutch sale and leaseback transaction has joined the beginning-of-the-year European securitization new-issue pipeline.

Insurance companies will be less likely to buy CMBS AMs and yieldier dupers at a premium.

Modifications of securitized commercial real estate (CRE) loans more than doubled in 2010 from the previous year, according to a new report from Standard & Poor's.

Some yearend bank deals gave new meaning to the abbreviations M&A and CRE: More Anxiety about Crummy Real Estate loans.

Ellington Management Group hired Leo Huang as portfolio manager for commercial real estate (CRE) debt. Huang will report to Michael Vranos, Ellington’s founder and chief executive.

Sidley Austin hired Kevin Blauch as a partner in New York in the structured finance and securitization practice.