Earlier this week, Housing Wire commented on a Moody’s report that covered bonds (finally) are receiving serious consideration as a very viable structure for the US real estate finance market. Housing Wire summarized the report as follows: "More banks based in the United States will establish covered bond programs to fund future mortgages on the… Continue Reading
Tag Archives: bonds
Covered Bonds: Still on the Agenda
Posted in Good Times for Lenders, Market TrendsCommentators note that one great attribute of the Internet, and the communities formed within and around it, is this: when someone wanders off (or climbs on a ledge), the community does a good job of nudging each other back to the group. Yes, I was a little disappointed (OK, even upset) at the lack of… Continue Reading
Capital Market Scorecard: Financial Services Committee hearing – Covered Bonds testimony
Posted in Good Times for Lenders, Market TrendsThe CMSA has published the text of the testimony by Christopher Hoeffel, from his appearance yesterday before the US House Financial Services Committee. As noted in my posting earlier this week (link), the Committee is investigating the use of the "covered bond" product as one tool to revive the CRE capital markets (and solve some of… Continue Reading
Capital Market Scorecard: Hope on the Horizon – Congressional Hearings on Covered Bonds
Posted in Good Times for Lenders, Market TrendsMore on my series commenting on the CMBS loan market and the broader capital markets for commercial real estate . . . . Previously, we’ve brought to your attention a type of commercial real estate debt structure that HAS worked in the EU (for hundreds of years), and it HAS been tried at least twice in… Continue Reading