Tag Archives: Mortgage

Shared Message From The CMSA, MBA-CREF & ULI Meetings: Rough Times Ahead for Commercial Real Estate

By Keith Mullen on February 22nd, 2010 Posted in Good Times for Lenders, Market Trends

Significant industry organizations and participants all agree that commercial real estate is heading into a very, very rough time period – and it will be lengthy. In the past month I have blogged from the Commercial Mortgage Securities Association (CMSA) January Conference [link includes links to prior entries] and the Mortgage Bankers Association’s Commercial Real… Continue Reading

Rating Agency Surveillance of Existing RMBS and CMBS Mortgage Securities: Legitimate “Surveillance,” or Changing the Rules of the Game?

By lstrawn on June 30th, 2009 Posted in Tough Times for Lenders, Workout Issues

National rating agencies, and Standard & Poor’s (S&P) in particular, are developing new analytics to be applied to CMBS and RMBS pools originated in the years 2005, 2006 and 2007. As a preliminary matter, it looks like the new criteria will, when applied to the Triple-A tranches, result in downgrades of a substantial percentage of Triple-A… Continue Reading