Probable Maximum Loss (PML) Scope of Work for CMBS Lenders
Entry by JoeDerhake Entry The commercial mortgaged-backed security (CMBS) industry has been reborn in 2010. CMBS underwriters call their new underwriting paradigm CMBS 2.0. Providers of third party reports such as Phase I Environmental Site Assessments, Property Condition Assessments and Probable Maximum Loss reports ask: What does CMBS 2.0 mean to our trade? Th... Read More »
