Defaulted Securitized Commercial Loans - Working with the Special Servicer
Wednesday, June 9, 2010
What happens when your client defaults on its securitized commercial mortgage and the lender is a trust? Learn about the structure of the typical securitized loan and the unique issues that you may face when your lender is a trust and your contact is the special servicer.
This webinar covers the following and a lot more:
- Structure of a CMBS Pool and the Various Parties
- Transfer of Loans from Master Servicer to Special Servicer
- Special Servicers Responsibilities and Required and Permitted Actions
- Negotiating with a Special Servicer
- Current Treasury Department Guidance
- Title Insurance Issues to Consider When Modifying or Assigning a Loan
Presented by:
Steven W. Meyer, Partner
Oppenheimer Wolff & Donnelly LLP
Plaza VII, suite 3300
45 South Seventh Street
Minneapolis, MN 55402
Tel: (612) 607-7000
Fax: (612) 607-7100
Email: smeyer@oppenheimer.com
Mary E. Senkus, Partner
Oppenheimer Wolff & Donnelly LLP
Plaza VII, suite 3300
45 South Seventh Street
Minneapolis, MN 55402
Tel: (612) 607-7000
Fax: (612) 607-7100
Email: msenkus@oppenheimer.com
Nothing contained in the Lecture Series is to be considered as the rendering of legal advice for specific cases, and viewers are responsible for obtaining such advice from their own legal counsel. The Lecture Series is intended for educational and informational purposes only. The views and opinions expressed in the Lecture Series are solely those of the producers, and do not necessarily reflect the views, opinions, or policies of First American Title Insurance Company and/or its affiliates.
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