CMBS

The 30-day plus delinquency rate on CMBS edged up in September to a new record of 9.05%, according to Trepp.

First Horizon National Corp. said declines in problem assets may have hit a temporary wall, with further improvement possibly on hold until mid-2011.

Noting new life in the market for CMBS, a survey of industry specialists suggested that issuances could once again reach $100 billion by 2013.

CRE Finance Council's Chief Executive Officer Dottie Cunningham has resigned from her position.

The $3.847 billion securitization for the National Credit Union Administration (NCUA) has come to market. This is the first in a series of securitizations for the NCUA.

Bingham expanded its Hong Kong office by adding three partners namely, Laurence Isaacson, Vincent Sum and Mark Fucci.

Odeon Capital Group expanded into the Midwest market by opening an office in Chicago and hiring a securitization expert to lead the new location's trading desk.

The Securities and Exchange Commission (SEC) is considering rules that would require ABS issuers to perform a review of the assets underlying the securities, and to disclose information relating to the review.

Markit has agreed to acquire the Loan/SERV messaging portal from the Depository Trust & Clearing Corporation (DTCC).

A CMBS deal called COMM 2010-C1 is currently in the market. The sequential-structure is backed by a pool of 42 commercial mortgages secured by 63 properties, according to a Fitch Ratings presale report.