US CMBS divergence eyed

Category: CMBS Risk Management


Previous Story       Next Story

CMBS issuance 'will be hindered' by worsening borrower terms

US CMBS is under scrutiny as figures have emerged showing weaker performance in post-crisis transactions originated by non-bank firms than those originated by banks, according to a recent report from Fitch’s CMBS team. Concurrently, CMBS borrowers are finding themselves in an ever weakening position due to the growing ubiquity of loan provisions that can ‘arbitrarily’ put cash management in the hands of servicers.

Already registered?

Not yet registered? Join today to access SCI Content.