Edition:
India

Moody's Says Outlook For U.S. Commercial Mortgage-Backed Securities Sector Steady In 2020 Despite Elevated Late-Cycle Risks


Thursday, 12 Dec 2019 

Dec 12 (Reuters) - Moody's::MOODY'S SAYS OUTLOOK FOR U.S. COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) SECTOR STEADY IN 2020 DESPITE ELEVATED LATE-CYCLE RISKS.MOODY'S SAYS CREDIT QUALITY OF NEW CONDUIT CMBS WILL BE GENERALLY STABLE IN 2020 DESPITE MORE AGGRESSIVE RECENT UNDERWRITING.MOODY'S SAYS LOAN DEFAULTS AMONG EXISTING COMMERCIAL REAL ESTATE (CRE) 2.0 TRANSACTIONS WILL RISE MODESTLY IN 2020.MOODY'S SAYS DESPITE PLANS TO PRIVATIZE FANNIE MAE AND FREDDIE MAC, THE FREDDIE MAC K-SERIES MULTIFAMILY LENDING PROGRAM WILL REMAIN ROBUST IN 2020.