Sentences with phrase «cmbs loan pools»

Not exact matches

CMBS B - piece buyers are taking a close look at those loans, and either pricing risk or even pushing back on loan quality by kicking some bad loans out of the pools.

Moreover, interest - only loans have now become prevalent in CMBS pools.

The main difference is that CMBS pools are typically comprised of fixed - rate, first mortgages, while CDOs are comprised of floating - rate loans backed by all kinds of collateral, including CMBS offerings.

Both CMBS and CDOs are pools of loans made on commercial properties and then divided into investment tranches with varying yields and levels of risk and then sold as securities.

Higher interest rates for commercial and multifamily financing this summer had the greatest effect on lenders who securitize loans through the capital markets, such as conduit lenders who bundle loans into CMBS pools and Fannie Mae and Freddie Mac lenders.

That basically breaks down into $ 1.3 billion in traditional commercial whole loans, about $ 400 million of residential pools of Fannie Mae and Ginnie Mae backed loans, and the remainder in non-traditional investments such as syndicated bank debt, unsecured REIT debt, CMBS and privately structured transactions.

The irony for Nomura Holdings was that under the real estate lending leadership of the flamboyant Ethan Penner, the company pioneered the business of chopping up pools of commercial mortgage loans and reforming and selling them as CMBS in the early -»90s.

The $ 92 million loan would rank as the largest loan in the CMBS securitization pool Greenwich was assembling.

In instances where a loan is part of a CMBS pool, for example, it's virtually impossible to discuss restructuring until a default has actually occurred.

In analyzing CMBS issues, rating agencies scrutinize the 10 largest loans in a pool.