CrunchedCredit.com Live Blog From CREFC 2012 Annual Conference - Day 1

more+
less-

photo of Matthew GinsburgOver 800 industry participants have descended on Washington D.C. for the CREFC annual conference. With CREFC's expanded focus on more than just securitization, we are now hearing from a more diverse set of voices at the conference. The conference kicked off this morning with the PSA Task Force's discussion of the pooling and servicing agreement simplification (not standardization) project. The discussion focused on the PSA Task Force's tremendous efforts to develop a uniform set of guiding principles and best practices for the servicing provisions in pooling and servicing agreements, while avoiding the internal hurdles posed by a standard form of PSA. Outside of securitization, the portfolio lending members continue to drive the first mortgage lending market and are now talking about chasing yield in the sub debt market. Throughout the day, we've heard a lot of talk about continued Euro uncertainty and a fragile US recovery - especially in light of events in Spain over the weekend. We look forward to engaging on all of these issues and their ongoing effect on the CRE market and seeing many of you at our dinner tonight at the top of the Hay Adams Hotel.

 

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dechert LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×