CMBS

Impact Community Capital is marketing a small balance commercial loan securitization that will offer investors $189 million in ‘AAA’ rated securities that are guaranteed by Freddie Mac, according to DBRS.

Risky mortgage lending may have triggered the financial crisis, but final risk retention rules go much easier on mortgages than securitizations of other kinds of assets.

U.S. regulators finalized a securities risk retention rule on Tuesday designed to set the stage for the future of the secondary mortgage market.

Regulators will unveil a long-awaited final rule next week that requires lenders to retain some of the risk for loans they securitize, a critical part of the Dodd-Frank Act that the agencies have struggled to implement.

B2R Finance said today that it has hired Evan Lorch as chief financial officer.

Deutsche Bank and Credit Agricole sold £750 million ($1.26 billion) of bonds backed by the Westfield shopping center at the tighter end of initial price guidance, according to a person familiar with the deal.

Deutsche Bank is remarketing a U.K. CMBS backed by the Westfield shopping center after having pulled the deal in early August.

Which opinion is more reliable: A well-informed one tainted by financial arrangements or one free of such conflicts but based on limited data — and possibly colored by spite?