Question
A tranche of a CMBS transaction is: A portion of the deal, or a class, that relates to the top 10 loans only A class,
A "tranche" of a CMBS transaction is:
| A portion of the deal, or a class, that relates to the top 10 loans only | ||
| A class, or a portion of the deal that has been rated on a scale of AAA to NR which relates to its payment priority in the pool | ||
| A portion of the deal, or a class, that gets all its interest but not principal, from the loans in the deal. | ||
| A trench in the ground |
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The Art Of The Steal How To Protect Yourself And Your Business From Fraud
Authors: Frank W. Abagnale
1st Edition
0767906845, 978-0767906845
