The political adventure in self-abuse that we call an election is now well behind us. I planned to write this commentary last November, hence the “Just” in the title. My inability to even assay an answer to that question which would pass my relatively low standards for perspicacity has stayed my pen these several months. But now, it’s
February 2025
Even If We Don’t Want To, We Should Still Talk About REMIC More
By Rick Jones on
As regular readers of CrunchedCredit will know, I recently pitched the idea of amending our hoary old REMIC statute to allow additions of collateral after the startup date window to allow modification to performing loans (and to clarify any uncertainty about eligibility of PACE, CPACE and mezz debt). This commentary follows from a note I wrote…