During the peak of COVID-19, CMBS borrowers, primarily hotel and retail, were not generating sufficient revenue to make mortgage and escrow payments to lenders. As a result, loan servicers developed a plan to assist borrowers while still complying with the terms of servicing agreements. Master … [Read more...] about 12.31.21: COVID-19 PERFORMING LOAN CONSENTS FOR CMBS LOANS – A LOOK BACK
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