Page 69

CRE Finance World, Winter 2013

Forum Spotlight: CREFC Servicers Forum to prepare guidelines with proposed standard language that can be commercial mortgage servicing rights to create a service and inserted into Pooling and Servicing Agreements without otherwise product that will establish aggregate retrospective CMSR market substantially modifying each Issuer’s preferred form of documentation. valuations of hypothetical servicing pools that represent various CMSR product types. It is CREFC’s objective to make this survey Another ongoing effort of the Servicer Forum relates to the an industry standard benchmarking tool. CREFC/TreppPort Commercial Mortgage Servicing Rights survey. In collaboration with Trepp and Rockport, CREFC is preparing to We look forward to our next meeting of the Servicers Forum at the issue its second Commercial Mortgage Servicing Rights (CMSRs) CREFC January 2013 Conference in South Beach. We will discuss, survey before year-end. This new survey is the result of an initiative and hopefully advance, all of these topics and any others that of the CREFC Servicers Forum, and is intended to assist servicers affect servicers and the industry. Please join us — all conference who typically value their CMSR assets on at least a quarterly basis. attendees are welcome! Trepp and Rockport have been working with companies owning A publication of Winter issue 2013 sponsored by CRE Finance World Winter 2013 67


CRE Finance World, Winter 2013
To see the actual publication please follow the link above