CMBS

The delinquency rate for commercial real estate loans backing CMBS deals showed signs of moderating in June, according to the latest report from Trepp.

For 1H10, public ABS issuance reached $26.41 billion, according to the updated numbers from the ASR Scorecards database. This figure dropped from $50.7 billion for 1H09.

The ASR Scorecards database has ranked law firms based on the securitized deals they served as legal advisors on in the first half of 2010.

The old adage of one man's junk is another's treasure could be the best way to describe the situation that is creating a schism in CMBS land today.

Despite the devastation in the wake of the global financial crisis, there are certain areas of the securitization market that present opportunities for investors.

Several deals have come to market backed by different asset classes from issuers in various parts of the globe.

Standard & Poor's has announced the categories of debt instruments which ratings will have a structured finance identifier.

Investors believe financing and buyer interest in "second-tier" commercial real estate markets remains limited, according to a new survey from PricewaterhouseCoopers.

The big three credit rating agencies have long made the disclaimer that investors should not use ratings as a substitute for independent judgment. Now regulators want banks to prove they aren't doing that.

Meridian Capital Group has hired Chad Johnson as a managing director in its commercial originations group.