An Investor’s Guide to The Pooling and Servicing Agreement

June 04, 2013
Dechert’s Finance and Real Estate Group is experienced in representing investors in commercial mortgaged-backed securities ("CMBS") transactions. The pooling and servicing agreement ("PSA") is one of the primary documents in a CMBS transaction. This guide provides current and potential investors in CMBS transactions with a general overview of certain key provisions of a PSA.