The CRE Finance Council (CREFC) and the Mortgage Bankers Association (MBA) have filed comment letters on several recent Securities and Exchange Commission (SEC) proposals.

The CREFC expressed its concern over the cost of new shelf eligibility requirements, fearing that current SEC proposals could create conditions that will raise the cost for all CMBS transaction parties without concomitant benefits for clarity of disclosure, transparency, and alignment. The trade group urged the SEC to consider alternatives that would not impose unnecessary costs on the CMBS industry.

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