The authors wish to thank Richard Wight, Warren Cooke, and Rick Gray. Richard, with the help of Warren and Rick, authored the first edition, which was a herculean effort that required a career’s worth of knowledge and took years to write. It quickly became a unique and valuable resource for loan market participants. Our task in writing this book was made immensely easier by being able to start with the first edition. All commendations from this book are equally theirs; any shortcomings are the responsibility of the authors of the second edition.

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