CMBS

If you want to know what a Greek exit from the euro would do to the €16.7 billion ($19 billion) of bonds out there backed by Greek assets, a good place to start is Argentina.

Federal bank regulators made a tool available on Wednesday to help banks calculate capital requirements for securitization exposures.

Former Congressman Barney Frank, co-author of the Dodd-Frank Wall Street Reform Act, is not opposed to changes in the eponymous legislation, but in some cases he thinks the rules should be tightened, rather than loosened.

Bank of America Merrill Lynch priced €286 million ($331 million) of securities backed by three private equity-sponsored commercial mortgage loans that are secured on 14 office and retail centers located in Italy.

As part of its asset backed securities purchasing program (ABSPP) launched in November, the ECB is buying portions of senior tranches and encouraging market investors to join in.

Structured finance professionals aren’t losing much sleep over a new regulation barring federally-insured banks from engaging in certain kinds of swaps with vehicles that issue asset-backed securities

Bank of America Merrill Lynch is marketing €286 million ($331 million) of securities backed by three commercial mortgage loans on 14 office and retail centers located in Italy.

Final rules requiring sponsors of securitizations to retain “skin in the game” were published in the Federal Register today.