Post-2009 securitizations have been labeled “CMBS 2.0”. Most every
one of these 2.0 securitizations (but not all) includes a party not seen in pre-2008 securitizations. This party, given various titles (Senior Trust
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Advisor, Operating Advisor, etc.), acts to protect the interests of
bond holders with regard to the actions of the Special Servicer
True or false??
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