Commercial MBS

News

Treasury Pick Mnuchin Clarifies GSE Stance: No 'Recap and Release'

President-elect Donald Trump’s pick for Treasury secretary said he did not support a plan – known as “recap and release” – for returning Fannie Mae and Freddie Mac to the private sector, clarifying earlier remarks that had caused confusion about the incoming administration’s housing finance agenda.

DBRS Promotes Aufsatz To Lead European Structured Finance

Christian Aufsatz was named managing director and head of European structured finance operations; he was previously in charge of commercial mortgage backed securities ratings.

Insurers Originated More CRE Loans in 1H 2016; Allocations Stable

The 27 survey participants (including two new lenders) added $21.5 billion of new mortgages in first-half 2016. That was a $1.7-billion increase over the prior year, according to the CRE Finance Council and Trepp..

Mortgage Bankers See More, But Slower, Growth for CRE Lending in 2017

A survey by the Mortgage Bankers Association last month indicates that nearly two-thirds (63%) expect originations to increase in 2017, with one-quarter (26%) expecting an increase of 5% or more.

Offices Lead Steep Rise in CMBS Delinquencies in December

The delinquency rate for U.S. commercial real estate loans in CMBS is now 5.23%, an increase of 20 basis points since November.

More

Articles

Reg AB II Returns from Limbo

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, it’s not clear exactly what the Commission will do.

Finra Files Proposal to Disseminate Price Data

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.

Editor's Letter

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.

People on the Move

DFG Taps Goldman Vet, Barclays Bulks Up on CMBS, Ares Adds Jeffrey Kramer and the ASF Retains Mike Williams as Policy Adviser

Silver Lining

Could higher yields end up deepening the investor base for asset-backeds?

More

ASR People Database

Exclusive data on top players in capital markets

John Frishkopf

Treasurer, Head of Asset Management

Firm: NewStar Financial

Search the People Database

Current Issue

What’s So Unusual about Sprint’s Airwaves Securitization

The wireless carrier, though only rated single-B, has more leeway from existing investors to enter into a transaction like this than even some investment-grade companies.

Current Issue