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QUESTION 10 Pick all the correct answers. The Special Servicer of a CMBS deal has the following responsibilities: Services defaulted loans Deposits any escrow payments

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QUESTION 10 Pick all the correct answers. The Special Servicer of a CMBS deal has the following responsibilities: Services defaulted loans Deposits any escrow payments until needed and earns the float Modifies performing loans Modifies defaulted loans Remits interest and principal payments to bondholders Conducts workouts of problem loans Collects periodic information specified by the loan documents Services performing loans Services performing and defaulted loans May extend the term of the loan after default

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