CBA issues certificates for $127m securitization.
The $127,607,624 securitization is backed by 237 small balance multifamily, commercial and mixed-use mortgage loans acquired by CBA Commercial. The average principal balance of the loans as of this issuance is $538,429. Moody's Investors Service Inc., Standard & Poor's Ratings Services and Fitch Ratings have assigned ratings to various certificates.
Deutsche Bank Securities Inc. and Greenwich Capital Markets Inc. were the initial purchasers of the certificates. Litton Loan Servicing LP is the servicer and special servicer.
Series 2007-1 is CBA Commercial's fifth offering. The company issued small balance commercial pass-through certificates, backed by mortgage loans it had previously acquired, in November 2006, April 2006, July 2005 and December 2004.
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|Title Annotation:||INSIDERS OUTLOOK|
|Comment:||CBA issues certificates for $127m securitization.(INSIDERS OUTLOOK)|
|Publication:||Real Estate Weekly|
|Date:||Jun 13, 2007|
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