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A Commercial Mortgage-Backed Security (CMBS) Does Not Meet the Debt-To-Service

Question 31

Multiple Choice

a commercial mortgage-backed security (CMBS) does not meet the debt-to-service cov- erage 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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