Real Estate Mortgage Investment Conduit (REMIC) Status: What It Means for Special Servicers w/ Pete Larsen
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From today's video: Peter Larsen: But yeah, to answer your question. If you had a 20 loan portfolio CMBS issuance and 10 of those were hotels, then that could really cause some problems and what people are, what the, you know, what the special servicer is going to be worried about is whether or not that's gonna terminate the REMIC stats of the loan. So that's what their duty is to make sure that that doesn't happen. For the ultimate guide to real estate crowdfunding and syndication, subscribe now to the FREE GowerCrowd newsletter: https://bit.ly/3jRnlTv | Visit the GowerCrowd website, the most complete source of free real estate syndication and investing resources and training available anywhere: https://bit.ly/2VMA7ea | Are you a real estate developer? Read the new book, SYNDICATE and learn how to find more investors so you can raise more money: https://bit.ly/3jRUM8r | Are you a real estate investor? Watch this free webcast and discover the Hidden Secrets to Success in Real Estate Investing: https://bit.ly/2VJMcAN