CMBS 2.0 for Europe has been finalized

11/15/2012 | Reuters

The Commercial Real Estate Finance Council Europe has finalized its so-called CMBS 2.0 draft set of principles. The best practices scale back some of the looser underwriting and structuring practices that were common before the crisis. It focuses on six topics: investor disclosure, revenue extraction, investor identification, transaction counterparties and their role, and structural features.

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