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April 13, 2018  

Trimont Exits as Operating Advisor

Trimont Real Estate is bowing out of the operating-advisor business.A company spokeswoman said the firm is no longer bidding on assignments because risk-retention rules have created conflicts with other business lines.The rules, which went into effect at the end of 2016, prevent the operating advisor of a commercial MBS transaction from underwriting any loans in the collateral pool, acquiring any bonds or acting as the special servicer....

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