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Moody's: CDOs of CMBS issuance on the rise

CMBS-backed CDO issuance could exceed $15 billion this year, up from $8 billion in 2004, according to Moody's Investors Service. While deal sizes historically have been small relative to collateralized mortgage-backed securities, at $300 million to $500 million, larger deals - exceeding $1 billion - are in the pipeline,...

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