Kroll Bond Ratings Agency is rating COMM 2014-UBS2, a $1.2 billion CMBS conduit collateralized by 59 fixed rate commercial mortgage loans that are secured by 95 properties.

February 26
1 Min Read
  • The recent lull in issuance of private label commercial mortgage bonds has helped new issue CMBS spreads retrace much of the (modest) widening seen earlier in April, according to research published by J.P Morgan.

    April 28
  • The deal, Moorgate Funding 2014-1, will offer £510 million ($858 million) of notes backed by first-lien, U.K. non-conforming residential mortgages owned by Kilimanjaro AM.

    April 28
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  • Allstate Insurance is preparing an as-yet unsized catastrophe bond; The deal is designed to transfer the risk of outsized insurance claims for losses from named storms in 30 states and earthquakes, including resulting fires, in California, New York, and Washington.

    April 25
  • Senate Banking Committee leaders want to win as much support as possible for their housing finance reform legislation before a panel vote on Tuesday, but it's possible that a failure to win over certain members could ultimately assist their cause.

    April 25
  • After the financial crisis, Turkish banks found that they could continue to securitize diversified payment rights without the by-then worthless insurance wraps. Some banks have found that they can also do deals without arrangers from abroad.

    April 25
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