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: Tightened Somewhat

SFQ70A3TSNR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

10/1/2011 - 4/1/2025

Summary

Tracks changes in Commercial Mortgage-Backed Securities (CMBS) funding terms for average clients. Provides insight into credit market conditions and lending standards.

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 metric measures how financial institutions are adjusting haircuts for CMBS transactions. It reflects underlying risk perceptions in commercial real estate lending.

Methodology

Surveyed from financial institutions reporting funding term adjustments quarterly.

Historical Context

Used by investors and policymakers to assess commercial real estate market liquidity.

Key Facts

  • Indicates marginal tightening of CMBS funding terms
  • Reflects cautious lending environment
  • Quarterly survey-based metric

FAQs

Q: What does 'haircut' mean in CMBS lending?

A: Haircut represents the discount applied to collateral value when determining lending terms. Lower values indicate more conservative lending.

Q: Why are CMBS funding terms important?

A: They signal credit market health and risk appetite for commercial real estate investments.

Q: How often is this data updated?

A: The survey is conducted quarterly, providing periodic insights into lending conditions.

Q: What impacts CMBS funding terms?

A: Economic conditions, property market performance, and overall financial system risk influence these terms.

Q: Can this metric predict market trends?

A: It serves as an early indicator of potential shifts in commercial real estate lending practices.

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Citation

U.S. Federal Reserve, CMBS Funding Terms (SFQ70A3TSNR), retrieved from FRED.