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CMSA Launches Political Action Committee.(Commercial Mortgage Securities Association)(Brief Article)

Mortgage Servicing News

| March 01, 2005 | COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

New York -- The Commercial Mortgage Securities Association has formed a federal political action committee to deal with issues impacting the commercial mortgage-backed securities industry on Capitol Hill.

Dottie Cunningham, CEO of the CMBS industry trade association, said, "Since the inception of the CMBS market in the mid-1980s, the market has grown to over $540 billion in CMBS globally. Over the last several years there has been a steady increase in regulatory and legislative activity affecting the commercial real estate capital markets. The creation of a PAC will enhance CMSA's efforts to aggressively ...

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