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  • Fidelity National Financial acquires Hudson & Marshall

    ServiceLink, the provider of transaction services to the mortgage and finance industries, is getting into the auction business thanks to its parent company buying one of the country’s top auction companies. On Monday, Fidelity National Financial, the title insurance giant and parent company of ServiceLink, announced that it acquired Hudson & Marshall. Click the headline to read more.

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Large loan CMBS makes comeback, but with twist

Securitization of very large commercial loans, a hallmark of the CMBS market before the financial crisis, is making a comeback -- but with a twist.

It is still not practical to include commercial loans of several hundreds of millions of dollars in CMBS conduits, as was common in 2005, 2006 and 2007. That is because conduit deals have yet to reach the size that would provide enough diversification for a loan backing, say, a Manhattan skyscraper.

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