CMBS

President-elect Donald Trump’s pick for Treasury secretary said he did not support a plan – known as “recap and release” – for returning Fannie Mae and Freddie Mac to the private sector, clarifying earlier remarks that had caused confusion about the incoming administration’s housing finance agenda.

DBRS, which recently expanded its scope of ratings coverage to include European corporates, has filled a new managing director role over its European structured finance team with the veteran analyst in commercial mortgage structured finance.

Commercial mortgage lending by insurers rose slightly in the first half of 2016, though their allocations to the sector decreased slightly, according to the latest survey by the CRE Finance Council and Trepp

The most popular articles published by Asset Securiization Report in 2016.

The boom in commercial real estate lending has been going on for several years, but plenty of lenders think it has yet to run its course.

Late payments on securitized commercial mortgages climbed sharply in December to a 14-month high, led by office buildings.

The $43.1 million SCR Notes Series 2016-MDN2, Class B, are linked to the credit risk of 68 multifamily mortgage loans originated between 1999 and 2016 with an unpaid principal balance of $863 million

Commercial real estate markets should continue to improve in 2017, though it remains to be seen how big of a role mortgage bonds will play in financing going forward.

A decade ago, regulators were warning that CRE exposure could lead to earnings and capital volatility. Fast forward to today and regulators are expressing similar reservations, warning that areas such as multifamily could become problematic. Bankers, however, say they believe the industry is better equipped to handle an economic shock.

Prima Capital Advisors has securitized a unusual portfolio of $301.3 million of commercial real estate holdings, according to Moody’s Investors Service.