by admin | Jun 1, 2016 | Anns Articles, Articles
Print Version Scotsman Guide Article written by Ann Hambly June 2016 The commercial mortgage-backed securities (CMBS) business is a numbers game. CMBS conduit lenders generate profits by selling commercial loans into the secondary market, where they are packaged into...
by admin | May 24, 2016 | Blog
CAN YOU SEE THE DIFFERENCE IN THE TWO PICTURES? Workout, Modification, Restructure “This is actually a trick. Not only are the pictures exactly the same, but so is the use of the word “modification”, “restructure”, and “workout” within the CMBS industry! DEFINITION...
by admin | May 18, 2016 | Blog
By: Ann Hambly If you plan to assume an existing CMBS loan, be prepared for painful conditions! It is easy to assume that a loan that was underwritten and funded in late 2015 would already have all the required reserves in place. Not so! The company...
by admin | Mar 30, 2016 | Articles, News
Redwood exit signals CMBS origination pull-back The US CMBS market has encountered a rocky start to 2016, with new issue pricing spreads performing unpredictably. A number of other concerns have cast doubt over profitability on the origination side, prompting...
by admin | Mar 29, 2016 | Blog
By Kevin Duty Wave of Maturities 12 months ago, the coming “wave of maturities” was the talk of the industry. Tens of billions of dollars in CMBS debt was/is maturing in 2016 and 2017 and nobody knew what was going to happen. Would there be a 2008-like shortage of...
