Post-2009 securitization

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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