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: Remained Basically Unchanged

SFQ70A3RBUNR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13.00

Year-over-Year Change

-18.75%

Date Range

10/1/2011 - 4/1/2025

Summary

Measures changes in Commercial Mortgage-Backed Securities (CMBS) funding terms for average clients. Provides insights 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 tracks haircut adjustments for CMBS funding for typical market participants. Helps understand commercial real estate credit market dynamics.

Methodology

Quarterly survey of financial institutions reporting CMBS lending term changes.

Historical Context

Critical for real estate investors and commercial lending analysts.

Key Facts

  • Quarterly CMBS funding assessment
  • Focuses on average market clients
  • Tracks haircut changes in lending

FAQs

Q: What are CMBS haircuts?

A: Represent risk adjustments in commercial mortgage-backed securities lending terms.

Q: Why monitor CMBS funding terms?

A: Indicates commercial real estate lending market stability and risk perception.

Q: How frequently is this data collected?

A: Updated quarterly to reflect current commercial lending conditions.

Q: Who uses this economic indicator?

A: Real estate investors, commercial lenders, and market analysts assess lending trends.

Q: What does 'remained basically unchanged' mean?

A: Suggests stable lending terms with minimal adjustments in the CMBS market.

Related Trends

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: Eased Somewhat

ALLQ70A4ESNR

13) To the Extent That the Price or Nonprice Terms Applied to Trading REITs Have Tightened or Eased Over the Past Three Months (as Reflected in Your Responses to Questions 11 and 12), What Are the Most Important Reasons for the Change?| A. Possible Reasons for Tightening | 6. Worsening in General Market Liquidity and Functioning. | Answer Type: 2nd Most Important

CTQ13A62MINR

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?| C. Trading REITs. | Answer Type: Decreased Considerably

CTQ40CDCNR

39) Over the Past Three Months, How Has the Volume of Mark and Collateral Disputes with Clients of Each of the Following Types Changed?| B. Hedge Funds. | Answer Type: Decreased Somewhat

CTQ39BDSNR

46) Over the Past Three Months, How Have Initial Margin Requirements Set by Your Institution with Respect to Otc Credit Derivatives Referencing Securitized Products (Such as Specific Abs or Mbs Tranches and Associated Indexes) Changed?| A. Initial Margin Requirements for Average Clients. | Answer Type: Increased Somewhat

ALLQ46AISNR

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?| E. Insurance Companies. | Answer Type: Decreased Somewhat

CTQ40EDSNR

Citation

U.S. Federal Reserve, CMBS Funding Terms (SFQ70A3RBUNR), retrieved from FRED.