The Joint Economic Committee, headed by Congresswoman Carolyn Maloney, held a hearing on commercial real estate challenges called Commercial Real Estate: Do Rising Defaults Pose Systematic Threat?

The Commercial Mortgage Securities Association (CMSA) praised the move in a release. Patrick C. Sargent, president of the association, said he is pleased that the committee is considering issues related to commercial real estate, including the need to restart securitization and to successfully implement the financial stability plan.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.