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Fitch: Survey Shows FVMOs Rarely Exercised in US CMBS

05/25/2012 majac Exercise

NEW YORK, May 25, 2012 (BUSINESS WIRE) — Fitch notes that special servicers rarely exercise the fair value market purchase option (FVMO). Our survey found that, since 2001, the FVMO was exercised in US CMBS transactions just 11 times.
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