70) Over the Past Three Months, How Have the Terms Under Which Cmbs Are Funded Changed?| A. Terms for Average Clients | 3. Haircuts. | Answer Type: Eased Considerably
ALLQ70A3ECNR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
10/1/2011 - 1/1/2025
Summary
This economic indicator tracks changes in haircuts for Commercial Mortgage-Backed Securities (CMBS) funding terms over a three-month period. The trend provides insights into lending conditions and risk perception in the commercial real estate financing market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The metric represents the degree of risk adjustment in CMBS lending, specifically focusing on the 'haircut' or discount applied to collateral value. Economists use this indicator to assess credit market tightness and potential shifts in financial sector risk assessment.
Methodology
Data is collected through surveys and financial market reporting, tracking changes in lending standards and risk mitigation strategies.
Historical Context
This trend is used by policymakers and investors to understand credit market dynamics and potential economic stress in commercial real estate financing.
Key Facts
- Measures changes in CMBS funding terms over three months
- Indicates potential shifts in lending risk assessment
- Provides insight into commercial real estate credit conditions
FAQs
Q: What does a 'haircut' mean in CMBS lending?
A: A haircut is the difference between the market value of an asset and the amount that can be used as collateral for a loan. It represents the risk discount applied by lenders.
Q: Why are CMBS funding terms important?
A: CMBS funding terms reflect the overall health of commercial real estate markets and broader credit market conditions. Changes can signal economic trends and potential financial stress.
Q: How often is this data updated?
A: Typically, this type of economic indicator is updated quarterly, providing a snapshot of recent lending market conditions.
Q: What does 'Eased Considerably' mean in this context?
A: It suggests that lending terms have become more favorable, with reduced risk premiums and potentially lower haircuts for CMBS.
Q: Who uses this economic indicator?
A: Investors, financial analysts, real estate professionals, and policymakers use this data to assess credit market conditions and make informed decisions.
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Citation
U.S. Federal Reserve, 70) Over the Past Three Months, How Have the Terms Under Which Cmbs Are Funded Changed?| A. Terms for Average Clients | 3. Haircuts. | Answer Type: Eased Considerably [ALLQ70A3ECNR], retrieved from FRED.
Last Checked: 8/1/2025