CREL CDO Servicing Still Evolving: Fitch

26 Feb 2007

The role of servicers in collateralized debt obligations backed by commercial real estate loans continues to evolve, unlike in commercial mortgage-backed securities or collateralized debt obligations.

The role of servicers in collateralized debt obligations backed by commercial real estate loans continues to evolve, unlike in commercial mortgage-backed securities or collateralized debt obligations. “The high-touch nature of the loans and changing collateral composition of CREL CDOs make it that much more challenging to service the ...

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