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Bank of New York Offers CMBS Trustee Services.(commercial mortgage backed securities)(Brief Article)
By expanding its trust services to include the commercial mortgage real estate industry, The Bank of New York said it now provides a full range of services to the CMBS industry.
The Bank of New York is already a CMBS servicer through one of its subsidiaries.
The bank said that by hiring key staff with CMBS experience, expanding document custody services and using enhanced analytical software from Wall Street Analytics, it can immediately offer high quality service to issuers and arrangers of CMBS deals.
"Expanding our trustee services to include the commercial mortgage real ...
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