A commercial mortgage-backed security does not meet the debt-to-service coverage at the loan level necessary to achieve

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A commercial mortgage-backed security does not meet the debt-to-service coverage at the loan level necessary to achieve a desired credit rating. Which of the following features would most likely improve the credit rating of the CMBS?

A. Subordination

B. Call protection

C. Balloon payments

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Fixed Income Analysis

ISBN: 9781119627289

4th Edition

Authors: Barbara S. Petitt

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Question Posted: Nov 04, 2023 11:00 PM

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A commercial mortgage-backed security does not meet the debt-to-service coverage at the loan level necessary to achieve

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The correct answer is A Subordination Subordination is a feature of CMBS that prioritizes the paymen...View the full answer

Fixed Income Analysis

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