DebtX finds commercial prices rise slightly in May – NMP Skip to main content

DebtX finds commercial prices rise slightly in May

NationalMortgageProfessional.com
Jul 09, 2010

The aggregate value of commercial real estate (CRE) loans priced by DebtX that collateralize commercial mortgage-backed securities (CMBS) increased to 76.6 percent as of May 28, 2010 from 76.4 percent as of April 30, 2010. Loan values were 77.6 percent as of May 29, 2009. “U.S. CMBS collateral prices increased again in May,” said DebtX Chief Executive Officer Kingsley Greenland. “A flattening Treasury yield curve due to a flight to U.S. government securities more than offset a deterioration of commercial real estate fundamentals and a widening of credit spreads.” In May, DebtX priced 58,901 CRE loans with a $691 billion aggregate principal balance. These loans, which collateralize 630 U.S. CMBS trusts, each received a DXMark, a price based on loan sales executed at DebtX. For more information, visit www.debtx.com.
Published
Jul 09, 2010
Redwood Trust Completes Merger With Riverbend

Acquisition plans originally announced April 28th.

Industry News
Jul 06, 2022
MISMO Seeks Comment On Enhanced Version Of iLAD

Updated version includes new USDA GUS specification MISMO v3.4

Industry News
Jul 06, 2022
Bankruptcy Court Judge OKs Financing For FGMC

Financing package will allow FGMC to continue to fund loans in its pipeline.

Industry News
Jul 05, 2022
Opteon Acquires Northeastern Appraisal Associates

This is the fourth acquisition Opteon has made in the last 12 months. 

Industry News
Jul 04, 2022
Lenders Complain FGMC Is 'Radio Silent' On Loans

Company said it would stop purchasing new loans in the wake of its mass layoff last week; seeking court-approved financing.

Industry News
Jun 30, 2022
AnnieMac Home Mortgage Acquires OVM Financial

Wants to expand its outreach into the Mid-Atlantic region.

Industry News
Jun 30, 2022