Political Quotes

Mike Crapo: “The B-piece of the first loss position buyer is often also the special servicer charged with working out troubled loans…”

On the recordMay 17, 2011
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.
Said by
Mike Crapo
Republican · Idaho

Editor's note · Context

Discussing potential conflicts of interest in CMBS transactions due to B-piece buyer roles.

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