CMBS

After more than two days of debate, the House Financial Services Committee on Thursday approved its sweeping Dodd-Frank Act rollback bill.

Late payments on securitized commercial mortgages rose again in April as a large amount of loans matured and borrowers were unable to make a final, balloon payment.

Velocity Commercial Capital is launching a small-balance commercial mortgage securitization, according to Kroll Bond Rating Agency.

Hunton & Williams continues its national expansion with the arrival of corporate partner John J. Dedyo in the firm’s New York office.

A single-borrower deal and a conduit commercial mortgage securitization priced this week, bringing private-label issuance for April to $3.6 billion – barely half of March’s $7 billion.

Citibank Credit Card Issuance Trust is issuing its latest revolving Citiseries securitization through $1.1 billion in notes backed by prime credit-card receivables. Also, IHS Market notes the tightening spreads in many U.S. consumer ABS asset classes.

The Trump Administration’s initial tax plan may be short on details, but a bipartisan bill introduced Wednesday promises some very specific relief for the commercial real estate industry.

Morgan Stanley and Bank of America Merrill Lynch are marketing a commercial mortgage securitization that relies on the “L-shaped” strategy to comply with risk retention.

The first conduit commercial mortgage securitization to hit the market in several weeks has significant exposure to offices and hotels.

Goldman Sachs is marketing a $465 million of commercial mortgage bonds backed a portfolio of 10 office properties in Houston, Texas.