04/06/2011
https://www.congress.gov...
"I was successful in getting an amendment adopted that would focus on commercial real estate to give the rule makers more flexibility."
"I think could be pretty devastating to the consumer credit markets."
"the B-piece of the first loss position buyer is often also the special servicer charged with working out troubled loans, and that raises conflict-of-interest concerns for some of our constituents."
"We are thankful to Senator Crapo, who added a provision to Dodd-Frank requiring the regulators to specifically address some of the unique issues and opportunities posed by the CMBS asset class in craf..."