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Need a good intro to subordination

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mscmsc
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Joined: February 12th, 2002, 7:57 pm

Need a good intro to subordination

June 24th, 2005, 7:03 pm

Greetings,Can anyone point me to a good reference on how rating agencies compute subordination levels, particularly for MBS and CMBS ?Thanks,-Mark
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chiranjiv
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Joined: July 14th, 2002, 3:00 am

Need a good intro to subordination

July 7th, 2005, 3:41 pm

Here is an article on Fitch criteria for CMBS..Also attached is a very comprehensive document relating to CMBS operational details..you can see how subordination is used on pgs 46-52.Hope it helps!!
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FITCH CMBS CRITERIA.ZIP
(313.29 KiB) Downloaded 72 times
CMBS BASIC OVERVIEW.ZIP
(367.61 KiB) Downloaded 76 times
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