CMBS special servicing increases five-fold
CMBS special servicing volume has increased five-fold since the end of 2007, with $23.7 billion as of March 31 compared to $4.6 billion at Dec. 31, 2007.
CME Group Inc. was upgraded to neutral from underweight at JP Morgan as the company's interest rate futures business sees volumes surge on higher volatility and investor repositioning produces elevated activity levels.