tag:blogger.com,1999:blog-7693451999817479352.post6139697161448532287..comments2023-10-22T17:43:54.334-04:00Comments on The CRE Review: oy veycrabsofsteelhttp://www.blogger.com/profile/13395961726023130183noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7693451999817479352.post-17860457353204914932011-10-07T10:47:58.878-04:002011-10-07T10:47:58.878-04:00they don't model deals right; they short the W...they don't model deals right; they short the WAC IO before they short the non-30%. They also pick and choose what they model; no small balance, no CRE CDO and so on and so on.crabsofsteelhttps://www.blogger.com/profile/13395961726023130183noreply@blogger.comtag:blogger.com,1999:blog-7693451999817479352.post-47338356706376782902011-10-07T09:35:10.593-04:002011-10-07T09:35:10.593-04:00For clarity, Crabsofsteel is referring to GECMC 20...For clarity, Crabsofsteel is referring to GECMC 2007-C1 AJ VAC , and switching the Template to Credit.<br /><br />I use their analytics more and more each day. They aren't Intex quality, yet, but they're getting better.Concrete Junglehttps://www.blogger.com/profile/11836938255282346931noreply@blogger.comtag:blogger.com,1999:blog-7693451999817479352.post-80388243552697074952011-10-06T13:20:30.922-04:002011-10-06T13:20:30.922-04:00I guess you're referring to their analytics, w...I guess you're referring to their analytics, which I don't use. I do use them for basic data, like how far up the stack a deal is shorting interest. Cause you don't want to pay in the 50s for a class B which is soon to be an interest-only.crabsofsteelhttps://www.blogger.com/profile/13395961726023130183noreply@blogger.comtag:blogger.com,1999:blog-7693451999817479352.post-33918449024112833802011-10-06T12:14:12.190-04:002011-10-06T12:14:12.190-04:00Are you talking about the preloaded assumptions (N...Are you talking about the preloaded assumptions (Name = 1) or are you stressing with different assumptions?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693451999817479352.post-52998340202649285992011-10-05T13:05:19.550-04:002011-10-05T13:05:19.550-04:00use the Credit Template on Bloomberg when looking ...use the Credit Template on Bloomberg when looking at deals. In many of them, AJs are close to getting shortfalled interest. Oy vey iz mir is more like it.crabsofsteelhttps://www.blogger.com/profile/13395961726023130183noreply@blogger.com