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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    The Structured Credit Interview    20 July 2021
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    Sector developments and company hires

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    Market moves    20 July 2021
  • SCI Start the Week - 19 July

    A review of SCI's latest content

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    News    19 July 2021
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    Sector developments and company hires

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    Market moves    15 July 2021
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    Sector developments and company hires

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    Market moves    14 July 2021
  • Endless cash

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    News    14 July 2021
  • SCI Start the Week - 12 July

    A review of SCI's latest content

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    News    12 July 2021
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    News Analysis    9 July 2021
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    Market moves    9 July 2021
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    Sector developments and company hires

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    Market moves    7 July 2021
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    Sector developments and company hires

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    Market moves    6 July 2021
  • SCI Start the Week - 5 July

    A review of SCI's latest content

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    News    5 July 2021
  • Tight summer

    European ABS/MBS market update

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    News    2 July 2021
  • Italian SME ABS first finalised

    Sector developments and company hires

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    Market moves    30 June 2021
  • Litmus test

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    News Analysis    30 June 2021
  • Finish line

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    News Analysis    29 June 2021
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    A review of SCI's latest content

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    News    28 June 2021
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    Market moves    25 June 2021
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    The Structured Credit Interview    25 June 2021
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    News    24 June 2021
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    Sector developments and company hires

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    Market moves    22 June 2021