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?
ReadyCap Commercial plans to issue a securitization of its small balance commercial mortgage loans, according to a DBRS presale report.
The volume of European asset-backed tranches with the Prime Collateralised Securities (PCS) label has crossed the 100B threshold but the region's securitization volumes keep shrinking.
Another rash of Sears and affiliate Kmart closings are planned, at least six of which will impact existing CMBS deals, either directly because the stores are a part of collateral backing the deals, or indirectly because the closures will damp mall business.
Commercial real estate lender Walker & Dunlop has expanded its recently added three originators to its conduit and high yield lending joint venture with Fortress Investment Group.
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
Single-family rental giants are financing smaller players, setting the stage for a new wave of issuance.Current Issue