In The News

| August 22, 2011

LEEDing the Way to Value: Green issues can drastically affect mortgage collateral

Green issues impact mortgage collateral. Loss of a green rating can drastically reduce collateral value. These important points, which are key for lenders’ counsel, have been little discussed. This article outlines how green adds value to mortgage collateral and what mortgage problems follow if a green rating is not achieved or is lost after construction.

This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Tahmidur Remura Dewey LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent. For further information on Tahmidur Remura Dewey LeBoeuf, please visit www.tahmidurrahman,com. +1 888 532 6383