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

Jeff Steiner and 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.