Articles About CMBS Market
- Author:
- James I. Clark III
- Posted:
- 05.26.2009
Ginnie Mae Taking the Lead on Backing New Mortgages
At a time when the CMBS market has contracted by 60 percent, a story that hasn’t gotten much attention is that fact that one slice of the securitized real estate market is doing phenomenally well. Ginnie Mae (the Government National Mortgage Association) has provided $124.18 billion of liquidity to the secondary mortgage-backed securities market during […]
- Author:
- James I. Clark III
- Posted:
- 03.31.2009
Happy 212th Birthday, Nykredit Realkredit!
The CMBS market is anything but rotten in the state of Denmark. While the American mortgage securitization system crumbles, the Danes are successfully securitizing commercial and residential loans exactly as they have since 1797. That’s when Nykredit Realkredit – Denmark’s largest mortgage bank – was established. And, there hasn’t been a single Danish mortgage bond […]