TITLE

COLLATERAL DAMAGE

AUTHOR(S)
Mattson-Teig, Beth
PUB. DATE
November 2007
SOURCE
Retail Traffic;Nov2007, Vol. 36 Issue 11, p77
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the bad effect of subprime mortgage drop to commercial real estate collaterized debt obligation (CRE CDO) in the U.S. for 2007. It notes that CRE CDOs will be the riskiest in terms of mortgage liquidity crisis because 11% of them had included residential subprime mortgages as part of their asset mix. As a result, CRE CDO market ground has ended and has not yet started. Meanwhile, CRE CDO topped in the 2006 security issuance and is expected to double its issuance in 2007.
ACCESSION #
27494578

 

Related Articles

  • 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.

  • ABOUT THE SUBPRIME MORTGAGE CRISIS IN THE UNITED STATES OF AMERICA - ORIGINS AND (POSSIBLE) EFFECTS. Rizescu, Sabin; Popescu, Jenica // Annals of the University of Craiova, Economic Sciences Series;2008, Vol. 7 Issue 36, p3335 

    This work presents the premises of U.S. real estate crisis starting, which is transforms in a credit crisis with global consequences, and finds its effects, suggesting possible solutions for near future. American banks (ex-Bear Stearns, Citigroup) as well as independent mortgage agencies had and...

  • Wachovia Builds European CDO platform. Pyburn, Allison // High Yield Report;9/18/2006, Vol. 17 Issue 35, p1 

    The article reports on the development of the bank Wachovia Securities LLC in extending its U.S. global rates and collateralized debt obligations (CDO) platforms in Europe. The bank made several hires both in London-based global rates group and in Germany to support its growing European...

  • The Evolution of CRE CDOs. Leon, Hortense // Mortgage Banking;Jul2007, Vol. 67 Issue 10, p34 

    The article focuses on the development of commercial real estate collateralized debt obligations (CRE CDO) in the U.S. CRE CDO was first introduced in 1999 and was recognized by borrowers and lenders due to its alternative lending offerings. As its popularity rises, rules governing CRE CDO...

  • S&P develops servicer criteria for CRE CDO deals. DeRita, Megan // Asset Securitization Report;2/19/2007, Vol. 7 Issue 7, p8 

    The article reports on the release of a report by Standard & Poor's Corp. that contains criteria of evaluating companies acting as servicers and special servicers in the commercial real estate collaterized debt obligations (CRE CDO) market in the U.S. The report enumerates the different...

  • 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...

  • CDO Volume Is on Record Pace. Thangavelu, Poonkulali // National Mortgage News;10/16/2006, Vol. 31 Issue 4, p10 

    The article reports that the issuance of commercial real estate-backed collaterized debt obligation (CRE CDO) is on the fast pace leading to set a record in 2006, as revealed during the Commercial Mortgage Securities Association's U.S. CRE CDO conference held in New York. As reported, the...

  • Could Better Accounting Have Prevented the Current Liquidity Crisis? Wagoner, Joel // Journal of Financial Service Professionals;Jan2008, Vol. 62 Issue 1, p6 

    The article discusses problems in the U.S. caused by subprime lending and explores whether better accounting rules could have prevented them. Substantial numbers of mortgage loans were made to people unable to afford them, and then securitized as collateralized debt obligations (CDOs). When...

  • Berating the Raters. Gasparino, Charles // Trader Monthly;Nov/Dec2007, Vol. 4 Issue 6, p60 

    The author focuses on the role of credit-rating agencies in the subprime crisis in the U.S. The market-surveillance unit of the Securities and Exchange Commission (SEC) and the Office of Compliance Inspections and Examinations are planning to divide regulatory duties concerning rating agencies....

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics