|
 |
 |
 |
 |
Volume 1 - Number 12 | September 23, 2004
 |
INSIDER: Standish Mellon Asset Management's David DeBiase and Paul Escobar
By Erika Morphy Two weeks ago, when the US Financial Accounting Standards Board suspended part of its controversial guidance as to how institutional investors should mark down the value of a bond holding affected by interest rate rises, the financial community breathed a sign of reliefand disbelief as well. FASB rarely executes such about-faces, especially after it has issued a guidance, in this case EITF03-1. Here's what two insiders have to say about the reversal.
|
|
Price Remains Major Driver Behind CMBS Servicing
By Bennett Voyles The commodity status of CMBS loan servicing has led to considerable pricing pressure and consolidation, as any graduate of Economics 101 could predict. Yet while its apparent that servicers razor-thin margins havent yet compromised their ability to do their jobs, some observers are developing concern that other factors besides price are getting short shrift.
|
|
What's Hot, What's Not: Delinquencies, Lennar Partners
By Erika Morphy What's Hot: The CMBS delinquency rate: A report from RBS Greenwich Capital shows that the percentage of newly minted CMBS delinquencies continues to fall, which brings insiders at the firm to suggest that recent declines are not simply the result of an increase in loan dispositions, but also a slowdown in problem loans. Stay tuned.
|
|
|
 |
|
 |
 |
 |
|