(This is my last blog covering the CREF-C June Convention) Below is a very random collection of information (and comments) as “take aways” from my attendance at this convention earlier this week. You’ll note that I really don’t jump into the CMBS 2.0 panels, nor into the special servicing panels. Why? Most of the content from those… Continue Reading
Tag Archives: FASB
Calming Uncertain Waters: FDIC Board Issues a Transitional “Safe Harbor” For Sale Treatment Covering Participations and Securitizations
Posted in Articles, Tough Times for LendersAt the end of last week, the FDIC’s Board of Directors adopted an interim final ruling amending 12 CFR Section 360.6 and provided a transitional "safe harbor," effective immediately for all participations and securitizations in compliance with that rule as originally adopted in 2000. This action confirms that, notwithstanding proposed changes to "true sale" treatment… Continue Reading
Into the Looking Glass: MBA Servicing & Technology conference – day one
Posted in Good Times for Lenders, Market Trends, Single Purpose Entity, Tough Times for Lenders, Training, Workout IssuesThe first day of the 2009 MBA’s Commercial/Multifamily Servicing and Technology conference has ended. It has been a long day, filled with attending panel presentations and meetings with people over meals, in the halls and at receptions. It started at a 7:30 breakfast and ended @ 10p (when I refused to join a group that headed toward… Continue Reading