12/1/2009

A few commercial mortgage-backed securities deals are said to be moving through the securitization pipeline without support from the Term Asset-Backed Securities Loan Facility. But experts said more TALF-backed deals are expected as the multiple-borrower conduit transaction model for CMBS has yet to re-emerge. A lack of supply is one of several challenges for market-supported CMBS transactions, one investment banker said.

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