Earnings at most of the eight U.S. global systemically important banks improved from the same quarter last year, largely because of higher net interest income, reported S&P Global Ratings, New York.
Tag: S&P Global Ratings
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S&P Global Ratings: Selective Defaults Increase
Selective defaults have increased in recent years, which can create a “slippery slope” to future defaults, reported S&P Global Ratings, New York.
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CMBS Delinquency Rate Shrinks, Cumulative Default Rate Increases
The commercial mortgage-backed securities delinquency rate continues to shrink, but the cumulative loan default rate increased slightly in first-half 2021, according to two new reports from S&P Global Ratings and Fitch Ratings.
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Real Estate Investment Trusts Poised For Recovery
S&P Global Ratings, New York, said real estate investment trust earnings rebounded significantly in the second quarter, demonstrating the sector is on the right path for a solid comeback.
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Hotel Sector Recovery Slows
The hotel sector recovery has slowed in recent months after rebounding in the fall from April lows, said Fitch Ratings, New York.
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CMBS Delinquency Rate Falls; Issuance Bounces Back
The commercial mortgage-backed securities delinquency rate continued to fall in October while issuance increased, said Trepp LLC and KBRA, New York.
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CMBS Servicers Working through Surge in Requests
S&P Global Ratings, New York, said commercial mortgage-backed securities special servicers are working through a surge in borrower requests for relief, primarily on lodging and retail properties.
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S&P: Retail REITs Could Face Distress Until At Least 2021
S&P Global Ratings, New York, said retail real estate investment trusts, already buffeted by the coronavirus pandemic and dwindling brick-and-mortar revenues, could see an increase in downgrades in coming quarters with little chance of recovery before next year.
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Andrew Foster: Preferred Equity Plan for Commercial Real Estate Comes to Washington
Here in Washington, ongoing COVID-19 relief discussions have reached the commercial real estate borrowing community and their financiers in earnest.