Question
Can you please explain this question? 3) The primary reason that borrowers were attracted to CMBS financing is a)The tax-exempt status of REMICs b)The high
Can you please explain this question?
3) The primary reason that borrowers were attracted to CMBS financing is
a)The tax-exempt status of REMICs
b)The high level of responsiveness to borrowers' needs by master servicers.
c)Long term, non-recourse, low interest rates & sometimes higher loan proceeds
d)All of the above
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
