Servicers and mortgage‐backed securities default: Theory and evidence
We study conflicting incentives of the master and special servicers in handling troubled
loans in a Commercial Mortgage‐Backed Securities deal and how the frictions between the …
loans in a Commercial Mortgage‐Backed Securities deal and how the frictions between the …
Commercial real estate risk management with derivatives
FJ Fabozzi, S Stanescu… - Journal of Portfolio …, 2013 - search.proquest.com
In this article, the authors review derivative instruments and techniques to manage real
estate price risk and interest rate risk for portfolios that include commercial mortgage-backed …
estate price risk and interest rate risk for portfolios that include commercial mortgage-backed …
Credit risk transfer governance: the good, the bad, and the savvy
HB Shadab - Seton Hall L. Rev., 2012 - HeinOnline
ABSTRACT Goldman Sachs and American International Group on the eve of the 2008
financial crisis were bound together through a web of credit risk transfer (CRT) contracts in …
financial crisis were bound together through a web of credit risk transfer (CRT) contracts in …
Determinants of commercial mortgage‐backed securities credit ratings: Australian evidence
B Chikolwa, F Chan - International Journal of Strategic Property …, 2008 - Taylor & Francis
Using artificial neural networks (ANN) and ordinal regression (OR) as alternative methods to
predict Commercial Mortgage‐backed Securities (CMBS) credit ratings, we examine the role …
predict Commercial Mortgage‐backed Securities (CMBS) credit ratings, we examine the role …
Information in Financial Contracts: Evidence from Securitization Agreements
We introduce a novel application of machine learning to compare pooling and servicing
agreements (PSAs) that govern commercial mortgage-backed securities. In contrast to the …
agreements (PSAs) that govern commercial mortgage-backed securities. In contrast to the …
The development of commercial mortgage-backed securities in Australia
B Chikolwa - Pacific Rim Property Research Journal, 2007 - Taylor & Francis
The paper explores the development of the Australian Commercial Mortgage-Backed
Securities (CMBS) market from 1999 to 2006 and outlines similarities and dissimilarities with …
Securities (CMBS) market from 1999 to 2006 and outlines similarities and dissimilarities with …
Commercial Mortgage‐Backed Securities
J Manzi, D Berezina, M Adelson - Handbook of Finance, 2008 - Wiley Online Library
Commercial mortgage‐backed securities (CMBSs) are a type of fixed income investment
backed by commercial loans. They can be appealing to investors because they generally …
backed by commercial loans. They can be appealing to investors because they generally …
[PDF][PDF] 13th Pacific-Rim Real Estate Society Conference Fremantle, Western Australia, 21 to 24 January 2007
B Chikolwa - 2007 - researchgate.net
The ultimate goal of structuring Commercial Mortgage-Backed Securities (CMBS)
transactions is to obtain a high credit rating as this has an impact on the yield obtainable and …
transactions is to obtain a high credit rating as this has an impact on the yield obtainable and …
An empirical analysis of structuring commercial mortgage-backed securities credit ratings: Australian evidence
B Chikolwa - Proceedings of the 13th Annual Conference of the …, 2007 - eprints.qut.edu.au
The ultimate goal of structuring Commercial Mortgage-Backed Securities (CMBS)
transactions is to obtain a high credit rating as this has an impact on the yield obtainable and …
transactions is to obtain a high credit rating as this has an impact on the yield obtainable and …
An empirical analysis of structuring commercial mortgage-backed securities: An Australian experience
B Chikolwa - The Curtin Business School Doctoral Students …, 2006 - eprints.qut.edu.au
The ultimate goal of structuring Commercial Mortgage-Backed Securities (CMBS)
transactions is to obtain a high credit rating as this has an impact on the yield obtainable and …
transactions is to obtain a high credit rating as this has an impact on the yield obtainable and …