B-note investors

In commercial real estate financing, purchasers of the subordinate tranches, or second and third mortgages.If a borrower defaults,the B-note investors will suffer losses before the investment-grade tranches.As a result,such investors scrutinize deals more thoroughly,charge higher interest rates commensurate with their increased risk,and typically retain powers to protect themselves somewhat in the event of default.These rights include
• The right to approve modifications to the agreement
• The right to insist on foreclosure in the event of default
• Certain limited cure rights to keep a loan current and avoid foreclosure

单词	b-note investors
释义	B-note investors B-note investors In commercial real estate financing, purchasers of the subordinate tranches, or second and third mortgages.If a borrower defaults,the B-note investors will suffer losses before the investment-grade tranches.As a result,such investors scrutinize deals more thoroughly,charge higher interest rates commensurate with their increased risk,and typically retain powers to protect themselves somewhat in the event of default.These rights include • The right to approve modifications to the agreement • The right to insist on foreclosure in the event of default • Certain limited cure rights to keep a loan current and avoid foreclosure
随便看	topical report topical safety analysis report topical stressor topical symposium on millimeter waves topical thrombin topical workshop on electronics for particle physics topic drift topic group to pick a bone to pick a bone with to pick a crow to pick and choose to pick a quarrel to pick at to pick a thank to pick off to pick out to pick someone's brain to pick to pieces to pick up topic (linguistics) topic map topic map query language topic map research and applications topic maps