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Appraisal subordination entitlement reduction information


Appraisal Subordination Entitlement Reduction (ASER) or collateral valuation adjustments (CVA) are commercial mortgage-backed security (CMBS) structuring innovations designed to improve overall transaction credit quality. Appraisal Reductions were created in response to rating agency concerns that, without such an adjustment, cash flow from mortgages likely to default would be paid to the first-loss class. The rationale behind appraisal reductions is to support proactively the credit rating of senior CMBS tranches by reducing cash-flow payments to the subordinate tranches.

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Appraisal subordination entitlement reduction

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Appraisal Subordination Entitlement Reduction (ASER) or collateral valuation adjustments (CVA) are commercial mortgage-backed security (CMBS) structuring...

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ASER

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Environs Redevelopment of Adelaide railway station Appraisal subordination entitlement reduction This disambiguation page lists articles associated with...

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Collateral valuation adjustments

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Collateral valuation adjustment (ColVA) or appraisal subordination entitlement reduction (ASER) are commercial mortgage-backed security structuring innovations...

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Maximilien Robespierre

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early June 1792, Robespierre proposed an end to the monarchy and the subordination of the Assembly to the General will. The monarchy faced an abortive...

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Central Intelligence Agency

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Intelligence Community (March 1, 1996). "Preparing for the 21st Century: An Appraisal of U.S. Intelligence. Chapter 13 – The Cost of Intelligence". Archived...

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Leon Trotsky

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Joseph (1969). Leon Trotsky: the Man and His Work. Reminiscences and Appraisals. New York: Merit Publishers. Heijenoort, Jean van (2013). With Trotsky...

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Margaret Bondfield

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reforms to the system of unemployment benefit. Her private view, that entitlement to benefits should be related to contributions, was not widely shared...

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Richard Nixon

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to 1961 under President Dwight D. Eisenhower. His presidency saw the reduction of U.S. involvement in the Vietnam War, détente with the Soviet Union...

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Bengal famine of 1943

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ISBN 0-19-561215-9. Sen, Amartya (1981a). Poverty and Famines: An Essay on Entitlement and Deprivation. New York, NY: Oxford University Press. (See chapter...

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Tartan

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rules on who can or cannot wear a particular tartan. The concept of the entitlement to certain tartans has led to the term universal tartan, or free tartan...

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Reign of Juan Carlos I

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of measures aimed at the "professionalization" of the Army and its subordination to civilian power were put in place with which the idea of an "autonomous"...

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United Kingdom labour law

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people's relationship to their employers moved from one of status - formal subordination and deference - to "freedom of contract" in choosing where to work....

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Development communication

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forms of social differentiation which are the basis of the women's subordination and/or subjugation. However, it can be seen in the past few decades...

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Enoch Powell

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He also spoke in support of the Slum Clearances Bill, which provided entitlement for full compensation for those who purchased a house after August 1939...

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Business ethics

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Colorado: Westview Press. ISBN 0-8133-8554-7. Singer, J. W. (2000). Entitlement: The Paradoxes of Property. New Haven: Yale University Press. ISBN 0-300-08019-0...

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Subprime crisis impact timeline

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structured finance, such as overcollateralization, bond insurance, and subordination. This results in transforming the bad debt into various new products...

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Leonid Brezhnev

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Khrushchev and Brezhnev As Leaders (1982). Bacon 2002, p. 32 "In the mid-1960s appraisals of Brezhnev centered on the new leadership of the Soviet Union as a whole...

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Remote work

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leads to higher supervisor ratings of performance and higher performance appraisals. However, another study found that professional isolation in remote workers...

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Equal Protection Clause

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purpose of the Equal Protection Clause is to prevent the socio-political subordination of some groups by others, not to prevent classification; since this...

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