Special Servicing

Special Servicing

March 5, 2018

Although Canadian commercial mortgage loans currently enjoy one of the lowest default/delinquency rates in the world, sometimes things don’t go as expected. When loan issues arise, IMS works proactively to produce the best possible results.

Working closely with its clients and investors, IMS assesses the specific issue or concern, the borrower and the related mortgagee, and provides a recommended course of action. Sometimes these result in special monitoring or, if a default has occurred, a workout or forbearance period to permit the related borrower to either repay the loan or to take the steps required to put it back into good standing. In more serious defaults, IMS may recommend actively pursuing enforcement action in order to maximize loan recoveries and minimize any losses. In each case, our clients rely on IMS extensive loan default and experience in coming to the right solution to each loan issue.

NEWS & TRANSACTIONS

IMC launches the open-ended Active Mortgage Fund

Fitch Upgrades IMS Limited Partnership to a CPS 2- Commercial Primary Servicer Rating

Fitch Assigns IMS Ltd. Partnership a CPS 3+ Commercial Primary Servicer Rating

IMC Completes Seventh CMBS Transaction: Continued interest from U.S. Investors

CRE Finance Council Launches CREFC

IMC Completes Sixth CMBS Transaction: Investors Again Recognize IMC Quality

IMC Completes Fifth CMBS Transaction: Strong Interest From U.S. Investors

IMSCI, Series 2014-5 C$312MM of Commercial Mortgage Pass-Through Certificates

IMC Completes Fourth CMBS Transaction: Canadian New Issuance Grows 300%

Canadian CMBS: “Low Hanging Fruit” For US Fixed Income Investors

CMBS Start Long Recovery to Respectability

IMC Announces First Canadian CMBS since 2007