Suppose a cmbs mortgage pool has an average ltv ratio of 75


Question: Suppose a CMBS mortgage pool has an average LTV ratio of 75%, and the senior tranche in the CMBS issue has 35% credit support. Approximately what LTV ratio in a first mortgage whole loan issuance would correspond to the same credit risk as the senior tranche of this CMBS issue?

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Finance Basics: Suppose a cmbs mortgage pool has an average ltv ratio of 75
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