Economic Emergency Stabilization Act of 2008
by The White House and Congressional Leaders finalized the Bailout Bill: Current draft of the Economic Emergency Stabilization Act of 2008. (from the Wall Street Journal) …
Tag: CMBS
Rev. Proc. 2008-28 and Foreclosure Relief for Securitizations
The Internal Revenue Service issued Revenue Procedure 2008-28 [.PDF ] which provides for the modification of certain mortgage loans will not jeopardize the favorable tax …
Banks Are Keeping More Loans on Their Books
Mark Gongloff reports in WSJ.com that U.S. commercial banks are keeping more of the loans they make on their balance sheets. Total assets at U.S. …
The Case for Exotic Notes in Commercial Real Estate Transactions
Fran Mastroianni of Goodwin Procter LLP, published a story in Real Estate Investment & Finance: The Case for Exotic Notes in Commercial Real Estate Transactions. …
The CMBS Market has Re-Opened
According to Bloomberg, Morgan Stanley and Bear Stearns Cos. sold the first commercial mortgage backed security of the year: Morgan Stanley Sells First Commercial Mortgage …
A CMBS and CDO Primer
Parke Chapman wrote a primer in the National Real Estate Investor on CMBS, CDO and the commercial debt markets. Some highlights: Q: What led to …