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There are three parties that we identified as being influential in determining the composition of the collateral pool and the structuring of the tranches of
There are three parties that we identified as being influential in determining the composition of the collateral pool and the structuring of the tranches of a CMBS securitization. Two of them are
- Master Servicer and Special Servicer
- The B Piece Investor and Investment Bank issuing the securities
- The rating agencies and the investment grade investors
- The B-note holder and the Lead Manager
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