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Banking Trends: Skin in the Game in the CMBS Market

Author

Listed:
  • James DiSalvo
  • Ryan Johnston

Abstract

Issuers of commercial mortgage-backed securities must now retain a portion on their own books. What evidence is there that the rule will reduce risky lending?

Suggested Citation

  • James DiSalvo & Ryan Johnston, 2018. "Banking Trends: Skin in the Game in the CMBS Market," Banking Trends, Federal Reserve Bank of Philadelphia, issue Q1, pages 11-17.
    • Handle: RePEc:fip:fedpbt:00006
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2018/q1/eiq118.pdf
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    Keywords

    regulation; mortgages;

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