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Hotel Online: on the New CMBS rules: Dawning of a New Era, or Error of a New Dawning?

Jim Butler’s blog article, “Insights on the New CMBS rules: Dawning of a New Era, or Error of a New Dawning?” appeared in Hotel Online and Hotel Resource, clarifying the changed REMIC rules applicable to CMBS, which gives servicers greater flexibility to modify troubled commercial real estate loans.