CMBS Loan Reps and Warranties: ABCs of Agreements, Breaches & Buybacks and Contention
- Agreements governing breaches and buybacks, the mortgage loan purchase and sale agreement and the pooling and servicing agreement: what works & what breaks down
- Breaches and buybacks:
- Who is required to provide notice and to whom must notice go
- Who enforces
- Rule 15Ga-1 requirements under the 1934 Act
- Reg AB II dispute mediation process
- Cure rights
- Substitution
- Repurchase price
- Recent judicial precedent – will statute of limitations defenses be required to be waived in new agreements? Will an already contentious process get worse?
Web conference available | Cocktail reception to follow at Alston & Bird in Charlotte, NC
CLE pending
Questions? maggie.janke@alston.com or 704.444.1459
Thursday, February 16 | 4 – 5 p.m. EST
101 S. Tryon Street | 37th Floor Charlotte, NC 28280