CMBS

The idea of undergoing a stress test comes across as a much-needed safeguard to ease investor fears that the European banks with which they do business have sufficient capital to deal with future " stress" scenarios.

Moody's Investors Service has updated its global methodology on REITs as well as other commercial real estate firms.

European ABS looks set to enter August on a quiet note. On the primary side, there are no new public offerings in the pipeline after last week's launch and pricing of Santander's auto loan ABS deal.

The European Central Bank (ECB) raised the haircuts for repo lending including ABS assets by four percentage points to 16% from 12%. The new haircuts for ABS lending will be valid as of January 2011.

The Conference of State Bank Supervisors is endorsing legislation that could help restart the securitization market for small commercial mortgages held by community banks.

BNY Mellon Corporate Trust has launched an eVault service that will allow it to receive, process, and store electronic mortgage documents for its clients, the firm announced today.

The City of New York is in the market with a $73.4 million deal with JPMorgan Securities serving as the lead manager.

The Securities and Exchange Comission (SEC) said today that it will open up a public comment period on the new rules presented under the Dodd-Frank Reform Bill. This will before the official comment periods have started.

Fannie Mae has provided $5.9 billion in investment to the multifamily rental housing market in 1H10.

Three major trade associations have announced support for H.R. 5823, a bill seeking to establish a covered bond market in the U.S. that is currently being debated by the House Financial Services Committee.