Commercial Mortgage-Backed Securities

Develop market-based and regulatory solutions that create a well-functioning commercial mortgage-backed securities (CMBS) market.

Our priorities include:

  • Rating Agencies/rating the stack
  • Market governance
  • Improve transparency in ratings disclosure
  • Increase discipline in offering process
  • Enhance governance in deal structure
  • Respond to declining underwriting standards
  • Improve pricing transparency
  • Reg AB II/Rule 144A and Risk Retention


Membership inquiries may be directed to: