Explain the difference between yield maintenance and
Question: Explain the difference between yield maintenance and defeasance prepayment penalties (or premiums). Why has defeasance become the dominant form of call protection in commercial mortgages originated by CMBS conduits?
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question explain the difference between yield maintenance and defeasance prepayment penalties or premiums why has
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question what is a b-piece buyer how can these investors influence the composition of the mortgage loan pool underlying
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