Commercial Mortgage Backed Securities play an important role in the secondary market. However, securities based on commercial loans are often neglected due to the more popular residential mortgage securities$.$ Research the history of commercial mortgage$-$backed securities and their role within the secondary market. In this week's case analysis, address the following questions:

Why were commercial mortgage backed securities created? What void within the market did their creation fulfill?

an overview of how commercial mortgage backed securities are pooled, bought and sold to the investor.

How do the risks associated with commercial backed securities compare to the residential mortgaged back securities$?$ which type of securities is higher risk and why?