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CMBS 2.0   :  By Jim Flaherty, President & CEO of CMBS.com



C-MISMO standards coming this month

It’s been a housekeeping month with MISMO as we get ready to re-introduce and formally approve the rent roll and operating statement standards.

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Feds issue risk retention rules

After more than two years of silence, federal regulators have begun issuing the final rules for securitization reform called for under Dodd Frank. This week, they issued the rules on risk retention.

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Upbeat but cautious CREFC annual meeting

More than 1,000 people attended the Commercial Real Estate Finance Council’s annual conference two weeks ago. While the mood was mostly upbeat, signs indicate not all is perfect in the market.

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Midwest fun

Between the MISMO meeting in Dallas and the CREFC conference in New York, I spent the weekend in Michigan. I was born in Detroit and still have friends and family there, so I got a hall pass to go to the Orion Music Festival that Metallica put on.

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Origination standards and technical support

I attended two MISMO meetings in the last few weeks, and we are making progress.

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