Commercial banks have pulled back on commercial lending amid the COVID-19 pandemic. While CMBS lenders originate and sell loans, pushing servicing and administration on to others, problem loans at commercial banks are addressed in-house, which is diverting internal bank resources to solving payment … [Read more...] about 9.22.20: COMMERCIAL BANKS PULL BACK ON LENDING, BENEFITTING CMBS
9.29.17: Reach Out to Community Banks for CMBS & Non-CMBS Opportunities
ValueXpress is always looking for effective avenues to find borrowers that may be interested in CMBS conduit loans. Until recently, a steady source of CMBS conduit loan originations resulted from refinancing maturing 10-year term CMBS conduit loans closed in 2006-2007 during the height of the CMBS … [Read more...] about 9.29.17: Reach Out to Community Banks for CMBS & Non-CMBS Opportunities
5.29.15: New Risk Weight Rules Hurt Banks Investing in CMBS
New risk weight rules, known as Basil III, are having a significant negative impact on banks’ required capital allocation for investment in CMBS securities rated below AAA. Previous to impending Basil III capital rules, CMBS securities rated from AAA to AA- had a 20% risk weighting. When Basil III … [Read more...] about 5.29.15: New Risk Weight Rules Hurt Banks Investing in CMBS