{ "name": "cmbs-loan", "title": "cmbs.loan: CMBS loan rates, lenders and servicing", "description": "Free, read-only MCP server for CMBS borrowers. From SEC Form ABS-EE loan-level data and 10-D trustee reports (compiled by cmbs.news): current CMBS note rates by window and property type, underwriting medians (LTV, DSCR, debt yield, loan size), CMBS lenders ranked by securitized volume with each lender's book, the maturity wall by year, type and state, and a loan sizing tool that applies the LTV, DSCR and debt yield tests and names the binding one. From a real 2025 pooling and servicing agreement (BANK5 2025-5YR14): the special servicing timeline, fee estimates and the appraisal reduction amount. Every result carries its as-of date and source and links to a cmbs.loan page. Estimates from public filings, not quotes. No authentication.", "registryDescription": "CMBS rates, lenders, underwriting, maturity wall and loan sizing from SEC data; servicing rules.", "version": "1.0.0", "url": "https://cmbs.loan/mcp", "transport": { "type": "streamable-http", "url": "https://cmbs.loan/mcp" }, "remotes": [ { "type": "streamable-http", "url": "https://cmbs.loan/mcp" } ], "authentication": { "type": "none", "required": false }, "protocolVersions": [ "2026-07-28", "2025-11-25", "2025-06-18", "2025-03-26", "2024-11-05" ], "capabilities": { "tools": { "listChanged": false } }, "tools": [ { "name": "special_servicing_timeline", "title": "CMBS special servicing timeline", "description": "The contractual sequence after a missed monthly payment or a missed balloon on a CMBS loan, day by day: transfer to the special servicer, SEC delinquency status codes, the appraisal reduction trigger and deadline, the 120-day maturity window, each with its PSA section. Give days_elapsed to get which events have already been triggered and the next one with days remaining.", "readOnly": true }, { "name": "estimate_special_servicing_fees", "title": "Estimate CMBS special servicing fees", "description": "Special servicing, workout and liquidation fees on a CMBS loan for one outcome (loan corrected and paid at maturity, refinanced within 120 days of a missed maturity, or liquidated/discounted payoff), using the fee terms of a real 2025 pooling and servicing agreement: 0.25%/yr with a $3,500 monthly minimum, 1% workout fee with a $25,000 minimum, 1% to 3% liquidation fee. Returns each fee, the monthly fee and the total.", "readOnly": true }, { "name": "calculate_appraisal_reduction", "title": "CMBS appraisal reduction amount", "description": "Appraisal Reduction Amount for a delinquent CMBS loan from a new appraisal, using the formula in a 2025 pooling and servicing agreement: balance minus (90% of appraised value + reserves - unpaid interest, advances and other amounts due). Returns the value side, the reduction, the share of scheduled interest the servicer keeps advancing, and the 25% deemed reduction that applies if no appraisal arrives in time.", "readOnly": true }, { "name": "get_cmbs_rates", "title": "Current CMBS loan rates", "description": "Median original note rates on CMBS loans securitized in the last 90 days, 180 days and 12 months, from SEC Form ABS-EE loan data, overall or for one property type, with the middle half, loan counts, the 5- vs 10-year split and recent months. Rates on closed loans, not a quote.", "readOnly": true }, { "name": "get_cmbs_underwriting", "title": "CMBS underwriting medians", "description": "What CMBS lenders actually underwrote in the last 12 months, from SEC loan data: loan size, loan to value, debt service coverage, debt yield and occupancy (median and percentiles), interest-only share and 5/10-year term mix, overall or for one property type.", "readOnly": true }, { "name": "find_cmbs_lenders", "title": "Find CMBS lenders", "description": "CMBS originators ranked by loan volume over the last 12 months, from the originator named on each loan in the trusts' SEC filings. Filter by property type, state and loan amount (keeps lenders whose securitized loan sizes span it). Returns volume, loan count, size range, median rate, leverage and a page per lender.", "readOnly": true }, { "name": "get_cmbs_lender", "title": "One CMBS lender's book", "description": "One CMBS originator's securitized book from SEC filings: 12- and 24-month volume, loan sizes, median rate, leverage, property types, states and its most recent loans (property, city, amount, rate, term, trust). Give the lender's name or slug, e.g. \"Citi\" or \"wells-fargo\".", "readOnly": true }, { "name": "get_cmbs_maturity_wall", "title": "CMBS maturity wall", "description": "CMBS loans still reporting, by maturity year: count, balance, average note rate and the share whose NOI at securitization is under 9% of today's balance (a rough refinance-gap proxy), compared with today's median new-loan rate. Overall, by property type or by state (one filter at a time).", "readOnly": true }, { "name": "size_cmbs_loan", "title": "Size a CMBS loan", "description": "Maximum CMBS loan on a property under the three sizing tests lenders apply, and which one binds: loan to value x value, NOI / (DSCR x annual debt constant at the rate and amortization, or the rate if interest-only), and NOI / debt yield. Limits you omit default to what recent CMBS loans stayed within (90th percentile LTV, 10th percentile DSCR and debt yield, by property type), and the rate to the 90-day median.", "readOnly": true } ], "documentation": "https://cmbs.loan/developers/", "websiteUrl": "https://cmbs.loan/developers/", "publisher": { "name": "cmbs.loan (Janover Capital LLC)", "url": "https://cmbs.loan/", "contact": "hello@cmbs.loan" }, "privacyPolicy": "https://cmbs.loan/privacy/", "termsOfService": "https://cmbs.loan/terms/", "license": "Data compiled from public SEC filings; credit \"cmbs.loan\" with a link to the page each answer names", "icon": "https://cmbs.loan/icon-512.png" }