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What are the adjustments that will be required to determine the weighted average life of a legacy CMBS?

April 26, 2017adjustments average cmbs determine legacy life weighted

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What are the adjustments that will be required to determine the weighted average life of a legacy CMBS?

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The New York Fed is considering requiring that default-related circumstances be considered in calculating the weighted average life of a legacy CMBS. Details of any required adjustments will be announced shortly.