CSAIL 2015-C1 is the bank's first deal backed entirely by loans it underwrote since 2007.
Morgan Stanley is offering $545 million of securities backed by five large commercial mortgage loans.
American Homes 4 Rents latest transaction, AH4R SFR 2015-1, deals with one of the biggest risks inherent in single- family rental bonds: balloon repayment risk.
Morgan Stanley is securitizing the senior portion of a $300 million loan secured by the Graybar Building located on 420 Lexington Ave in New York City. The asset was previously securitized in the COMM 2001-J1A transaction.
WFCM 2015-C27 is backed by 95 fixed-rate loans; it offers exposure to all the major property types, with retail, lodging, office, self-storage and multifamily representing the top five.
Regulation AB governs registration, reporting and disclosure requirements for all things asset-backed. The Securities and Exchange Commission appears to be ready to update it significantly, but, nearly four years after changes were originally proposed, its not clear exactly what the Commission will do.
The proposal would introduce dissemination of trade prices for securities ranging from highly liquid credit card and auto ABS to smaller and more esoteric deals in asset classes such as time shares, to commercial mortgage-backed securities (CMBS) and highly structured CDOs and collateralized loan obligations.
As July came to a close, it was clear to everyone at ASR that the structured finance market was not about to take a vacation.
DFG Taps Goldman Vet, Barclays Bulks Up on CMBS, Ares Adds Jeffrey Kramer and the ASF Retains Mike Williams as Policy Adviser
Could higher yields end up deepening the investor base for asset-backeds?
Vice President of Regulatory Compliance
Firm: Clayton Holdings
In the news: How Ability-to-Repay Rules Could Reshape RMBS Market
The first deal of 2015 showed that investors want exposure to loans that are anything but the safest bets.Current Issue