SYT
What input do we use when we want to specify a loss
What do we call it when a CMBS is made up of only one loan?
SASB
Are CMBS deals typically more or less private than RMBS?
Less private
What function can we use to view the loans within a CMBS?
LDES
What is the main loan type for CMBS?
Balloon loans
This is used when we want to apply assumptions to only specific loan groups, ie only retail loans
Stratification
What do we call it when CMBS is made up of many loans, with no loan making up more than 5% of the whole deal?
Conduit
where can we go to see the appraisal values of specific properties?
LDES > click loan > financials
What function can we use to search for loans within CMBS by zip code?
LLKU
within BBU, what is the file we should use to upload a scenario called?
This is used when we want to specify the number of periods we are extending
Lag
What is the most useful function to identify agency CMBS?
MTGS
What is a prepayment notation that is specific to all CMBS?
CPY
What function can we use to see CMBS deals by property type exposure?
CMBS
Are there typically more or less loans in a CMBS than in an RMBS?
Less
This is used when we want to apply assumptions to individual loans
Loan overrides
What do we call a CMBS where the top 10 loans make up more than 30% of the whole deal?
Fusion
Where can we go to see the tenants of a property within a CMBS?
LDES > click into loan > property tab
CRE
What do CMBS deals have that RMBS deals don't in regards to prepayment?
Prepayment protection
This is used for when we want to extend a loan for a specific number of terms as specified in loan terms
Optional extension
Where can we go to see examples of Agency CMBS tickers?
MTGH
What is a prepayment notation that is specific to Ginnie Mae agency CMBS?
CPJ
What function can we use to see the loan outcomes of CMBS based on assumptions?
SYT LO
Where can we go to see apartment cap rate indexes as well as other sorts of indexes relating to commercial real estate?
CRE > related functions