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WASHINGTON, DC-The Federal Deposit Insurance Corp. has finalized its safe-harbor rule that addresses the treatment of assets during a potential insolvency of an FDIC-backed institution. The rule has been subject to some debate since it was proposed; now at least one commercial real estate advocacy group as well as a government entity is concerned about one of its new provisions and the confusion it might create: a
5% risk retention mandate for all asset-backed securities including CMBS. (For more on Safe Harbor, watch for the next issue of Distressed Assets Investor.)

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