The $126.1 million class A-2 with a weighted average life of 4.9 years is being talked at 60 basis points over its benchmark, according to a regulatory filing.
Six of the nine loans backing the $755.3 million JPMCC 2014-FL4, are secured by hospitality properties, which can have more volatile cash flows than other property types, according to Kroll Bond Rating Agency.
The trade group has asked the SEC for a 60-day extension to the comment period, which ends March 28.
One is a $300 million deal backed by a single-loan and rated by Standard & Poor's; the other is a $927 million conduit rated by Kroll Bond Ratings,
Moodys Investors Service, long a criticof single-family rental securitization, has thrown its hat into the ring, publishing a ratings methodology on the asset class.
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?
The commercial mortgage-backed securities markets near miraculous turn around and the bonds plunging spreads, as well as indications of deteriorating credit quality, suggest buyers should beware.
By tweaking one aspect of its methodology for rating securitizations, Moodys Investors Service has set the stage for more downgrades of deals issued out of peripheral Eurozone countries.