CMBS

Commercial mortgage-backed securities, or CMBS, are bonds or notes created via securitisation that are backed by commercial mortgages or other commercial real estate assets. CMBS originators are typically financial institutions that originate commercial real estate or commercial mortgage loans, including banks, building societies/savings & loans and mortgage finance companies. To create commercial mortgage-backed securities, or CMBS, institutions sell pools of their loans to a special-purpose vehicle, or SPV, which then sells the loans to a trust. The trust then repackages the loans as interest-bearing securities and issues them. This true sale of the loans to the SPV ensures that the CMBS is treated as bankruptcy-remote from the originator.


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    A review of securitisation activity over the past seven days

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    News    30 November 2020
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    Market moves    27 November 2020
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    Market moves    26 November 2020
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    Market moves    24 November 2020
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    Market moves    23 November 2020
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    News    23 November 2020
  • SCI Start the Week - 23 November

    A review of securitisation activity over the past seven days

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    News    23 November 2020
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    Market moves    20 November 2020
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    Market moves    18 November 2020
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    News    18 November 2020
  • CRE data initiative launched

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    Market moves    17 November 2020
  • SCI Start the Week - 16 November

    A review of securitisation activity over the past seven days

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    News    16 November 2020
  • Transition revamp?

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    News Analysis    13 November 2020
  • Shortfalls hitting rated CMBS notes

    Sector developments and company hires

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    Market moves    12 November 2020
  • SCI Start the Week - 9 November

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    News    9 November 2020
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    Market moves    6 November 2020
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    News Analysis    6 November 2020
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    Market moves    3 November 2020
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    The Structured Credit Interview    2 November 2020
  • SCI Start the Week - 2 November

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    News    2 November 2020