Header graphic for print
Lenders 360

Tag Archives: maximize recovery

Should a Borrower Intentionally Default on a CMBS Loan?

Posted in 1 Guest Writers, Remedies, Tough Times for Lenders, Workout Issues

By Guest Writer – Christopher T. Nixon, Winstead PC CMBS Master Servicers typically lack the ability to modify a CMBS loan to preemptively address a potential loan problem. A CMBS borrower frustrated with such inability may elect to purposefully default on the loan to circumvent the restrictions placed on the Master Servicer and force the… Continue Reading