70) Over the Past Three Months, How Have the Terms Under Which Cmbs Are Funded Changed?| A. Terms for Average Clients | 4. Collateral Spreads over Relevant Benchmark (Effective Financing Rates). | Answer Type: Tightened Considerably
ALLQ70A4TCNR • 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
Tracks changes in Commercial Mortgage-Backed Securities (CMBS) funding terms, specifically collateral spreads. Provides critical insight into commercial real estate lending conditions.
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
This indicator measures how CMBS funding terms have tightened, focusing on collateral spreads over benchmark financing rates. Reflects commercial real estate market risk.
Methodology
Surveyed from financial institutions reporting changes in CMBS funding conditions.
Historical Context
Used by investors and analysts to assess commercial real estate lending dynamics.
Key Facts
- Indicates tightening in commercial mortgage lending
- Reflects increased risk perception in real estate markets
- Important for understanding commercial property financing
FAQs
Q: What are CMBS?
A: Commercial Mortgage-Backed Securities are investment instruments backed by commercial property loans.
Q: What does 'tightened considerably' mean?
A: Suggests more restrictive lending standards and higher risk premiums in commercial real estate.
Q: How do collateral spreads impact lending?
A: Wider spreads indicate higher perceived risk, potentially reducing loan availability.
Q: Who monitors these CMBS trends?
A: Real estate investors, financial analysts, and risk management professionals track these indicators.
Q: What causes CMBS funding terms to tighten?
A: Economic uncertainty, increased default risks, and changes in property market conditions can trigger tightening.
Related Trends
37) To the Extent That the Price or Nonprice Terms Applied to Nonfinancial Corporations Have Tightened or Eased over the Past Three Months (as Reflected in Your Responses to Questions 35 and 36), What Are the Most Important Reasons for the Change?| B. Possible Reasons for Easing | 3. Adoption of Less-Stringent Market Conventions (That is, Collateral Terms and Agreements, Isda Protocols). | Answer Type: 3rd Most Important
ALLQ37B33MINR
40) Over the Past Three Months, How Has the Duration and Persistence of Mark and Collateral Disputes with Clients of Each of the Following Types Changed?| D. Mutual Funds, Etfs, Pension Plans, and Endowments. | Answer Type: Remained Basically Unchanged
ALLQ40DRBUNR
77) Over the Past Three Months, How Have Liquidity and Functioning in the Consumer ABS Market Changed?| Answer Type: Improved Considerably
SFQ77PNNR
36) Over the Past Three Months, How Has Your Use of Nonprice Terms (for Example, Haircuts, Maximum Maturity, Covenants, Cure Periods, Cross-Default Provisions or Other Documentation Features) with Respect to Nonfinancial Corporations Across the Entire Spectrum of Securities Financing and Otc Derivatives Transaction Types Changed, Regardless of Price Terms?| Answer Type: Eased Considerably
ALLQ36ECNR
33) Considering the Entire Range of Transactions Facilitated by Your Institution for Such Clients, How Has the Use of Financial Leverage by Separately Managed Accounts Established with Investment Advisers Changed Over the Past Three Months?| Answer Type: Increased Considerably
CTQ33ICNR
21) Considering the Entire Range of Transactions Facilitated by Your Institution, How Has the Use of Financial Leverage by Each of the Following Types of Clients Changed Over the Past Three Months?| B. ETFs. | Answer Type: Increased Somewhat
CTQ21BISNR
Citation
U.S. Federal Reserve, CMBS Funding Terms Survey (ALLQ70A4TCNR), retrieved from FRED.