News by Topic : Policy Issues
Moelis & Company Managing Director Alex Rubin looks at the impact of government initiatives on REITs.
Chatham Financial executives explore issues surrounding plans to regulate financial derivatives.
The latest round of applications for financing under the government's Term Asset-Backed Securities Loan Facility (TALF) produced the first investor applications for loans to purchase legacy commercial mortgage-backed securities (CMBS). The loan applications totaled $668.94 million.
Appearing before the Congressional Joint Economic Committee (JEC) on July 9, Richard Parkus, head of commercial mortgage-backed securities and asset-backed securities for Deutsche Bank, said that despite the substantial losses investors have incurred in the CMBS market during the past two years as a result of the defaults of the loans underlying the securities, still more pain lies ahead.
New legislation signed into law by President Barack Obama on June 23 authorizes the administrators of the Thrift Savings Plan (TSP), the federal government's defined contribution retirement program, to expand participants' investment options, potentially including distinct REIT funds.
Rosen Consulting Group Chairman Ken Rosen on government stimulus efforts and the impact on REITs.