CRE CDOs find a niche in Europe

S. I.
May 2007
Asset Securitization Report;5/21/2007, Vol. 7 Issue 20, p15
The article reports that the use of loans backed by commercial real estate (CRE) as collateral for asset-backed collateralized debt obligations (CDOs) has shown a favorable performance in the European asset-backed security (ABS) markets. The tightening of ABS spreads in Europe over the past couple of years has resulted in a significant drop in the interest level for such CDO. Moreover, leveraged loan collateralized loan obligations have dominated the European structured finance sector.


Related Articles

  • Commercial RE CDO Issuance on Track to Set Volume Record. Thangavelu, Poonkulali // National Mortgage News;2/26/2007, Vol. 31 Issue 22, p6 

    The article reports that commercial real estate collateralized debt obligations (CDO) issuance is on track to set a volume record for 2007 in the U.S. At the recent Commercial Mortgage Association's investors conference, a survey revealed that 46 percent actually see a negative effect on...

  • Commercial CDO Losses Increase.  // American Banker;5/16/2011, Vol. 176 Issue 75, p8 

    Brief information is given about losses on debt pools and late payments on U.S.commercial property loans within collateralized debt obligations (CDOs) in April 2011.

  • CRE CDOs continue performing well. A. P. // Asset Securitization Report;10/17/2005, Vol. 5 Issue 39, p9 

    Focuses on the strong performance of collateralized debt obligations backed by commercial real estate assets in the United States, according to a report from Fitch Ratings. Ratio of the number of upgrades to the downgrades; Transition of the underlying collateral and structure of the deals.

  • Fitch: Commercial CDOs Shouldn't Suffer from Subprime Mess. Thangavelu, Poonkulali // National Mortgage News;4/30/2007, Vol. 31 Issue 31, p6 

    The article reports that commercial real estate-backed collateralized debt obligations (CRE CDOs) do not have much exposure to the subprime residential mortgage-backed securities (RMBS) in the U.S. Based on Fitch Ratings, the two CRE CDOs with the largest exposure to subprime RMBS have an...

  • CMBS: Performance Woes Climbing, Maturity Risk Fading? Sinnock, Bonnie // National Mortgage News;5/25/2009, Vol. 33 Issue 34, p5 

    The article focuses on the performance of the commercial mortgage-backed securities sector (CMBS) in the U.S. A report by Fitch Ratings Ltd., an international rating agency, mentions the decreasing maturity defaults and an increase in performance risk. Susan Merrick, managing director and group...

  • Resource Real Estate to manage first CRE CDO. A. P. // Asset Securitization Report;7/17/2006, Vol. 6 Issue 28, p9 

    The article reports that the firm Resource Real Estate, a subsidiary of Resource America Inc., will market the first of two planned collateralized debt obligations (CDO) in July 2006. The CDO is backed by B-notes and a 20-percent share of commercial real estate whole loans. The firm has hired...

  • CRE CDO buzz not dampened by limited loan availability. N. C. // Asset Securitization Report;2/5/2007, Vol. 7 Issue 5, p17 

    The article reports that more commercial real state collateralized debt obligation (CRE CDO) is set to take in Europe. This conditioned is happening despite the lack of available collateral needed to stimulate market growth. Christian Aufsatz, vice president at Moody's Investors Service Inc.,...

  • CONSOLIDATED STREET RESEARCH.  // Asset Securitization Report;8/1/2005, Vol. 5 Issue 30, p22 

    Presents recommendations of United States financial institutions regarding asset-backed securities (ABS), mortgage-backed securities (MBS), commercial MBS (CMBS), residential MBS, and collateralized debt obligations (CDO). Bear Stearns; Countrywide Securities; JPMorgan Securities; Lehman...

  • Diversity ahead for Dutch ABS. International Securitisation Report, Michael // Asset Securitization Report;4/29/2002, Vol. 2 Issue 17, pN.PAG 

    Reports that eight of the 13 public transactions from the Netherlands in 2001 were mortgage-backed securities. Focus of commercial real estate funds on securitization; Reasons for increasing diversity of assets; Familiarity of companies in Netherlands with securitization; Sensitivity of banks on...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics