23.01.2014 21:43:00

Moody's: US CMBS underwriting pushes risk closer to peak levels

New York, January 23, 2014 -- The credit quality of US commercial mortgage-backed securities (CMBS) conduit loans has decreased to the levels of the late 2005 issuance, requiring more credit enhancement to offset increased conduit loan credit risk, according to Moody's "US CMBS Q4 Review: Competition Heats Up Among Conduit Lenders, Collateral Quality Continues to Slip."

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