10
Nov
Wednesday's Activity: Trepp’s Takeaways from the Presidential Election Results
Excerpt on CMBS
We see the Donald Trump victory last night as a possible net positive for the CMBS market on several fronts.
First, there is certainly the possibility of a loosening of risk retention rules. This could potentially help boost CMBS issuance in the future, compared to what a CMBS world with risk retention might look like. In addition, the removal of the higher borrower costs that come with risk retention structures would make...