Will the New York Fed provide issuers of newly issued CMBS a good faith indication of whether a proposed transaction is likely to satisfy its risk assessment process?
Upon completion of its review process, the New York Fed will provide the issuer of the CMBS with a good faith indication of whether a proposed transaction is likely to satisfy the risk assessment process. Potential issuers are encouraged to contact the New York Fed as early as possible in advance of any applicable subscription date in order to provide the New York Fed sufficient time to conduct its review.
Related Questions
- Will the New York Fed provide issuers of newly issued CMBS a good faith indication of whether a proposed transaction is likely to satisfy its risk assessment process?
- On what basis will the New York Fed decide whether or not to accept a newly issued CMBS or a specific loan in a newly issued CMBS pool?
- Is there an agent that the New York Fed has selected to be collateral monitor for TALF as it relates to newly issued CMBS?
