CMSA paper talks about REMIC rules

NEW YORK - The Commercial Mortgage Securities Association has issued a paper that describes how recent changes to REMIC rules addressing CMBS loan modifications may impact commercial real estate finance market participants.

CMSA recognizes that the changes have sparked conversation among borrowers, lenders, servicers, investors and industry groups about the practical effect the recent IRS final regulations have had on their businesses.

The paper - Clarifications and Changes to the REMIC Rules - is available now on CMSA’s Web site: www.cmsaglobal.org.