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Commercial mortgage backed securities (CMBS) mortgages are structured as nonrecourse loans, which means the: A)the lender can only look to cash flows as a means
Commercial mortgage backed securities (CMBS) mortgages are structured as nonrecourse loans, which means the:
A)the lender can only look to cash flows as a means to repay the loan.
B) lender can only look to the collateral as a means to repay a delinquent loan.
C) lender cannot litigate the loan.
D) borrower cannot be forced into bankruptcy.
pick one of the following answer.
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