| Membership | Membership Benefits Through membership in
CMSA®, you can:
- Get on the "inside track" to what is happening in the secondary
market for commercial mortgage investments.
- Work toward removing the remaining obstacles that impede the efficiency of the secondary
marketplace.
- Enjoy opportunities to meet with active participants in the CMBS market.
- Access the latest techniques and technologies being used in the market through
information disseminated in CMSA
® publications and at seminars and conferences
sponsored by the Association.
Receive the CMSA® membership directory.
Gain access to the "Members Area" of the website.

Committees/Forums
Everyone affiliated with CMSA ® is encouraged to join one or more committees of their
choice to participate in topics of debate such as:
- after-issue servicing standards and reporting.
- pricing differences between secondary and primary markets.
- disclosure issues.
- how to increase market liquidity.
- standards and formats for pre-issue portfolio management.
- loan documentation for the capital markets.
- regulatory issues facing the industry.

Annual Conference / Convention
Attend the CMBS Investors Conference every winter, which specifically
focuses on issues facing investors in CMBS. This conference is open to
CMSA ® members and CMBS Investors only.
Also, attend the CMSA® Annual Convention every spring. Be involved on the
"ground floor" of a long-term expansion of an emerging market. This convention,
open to members and non-members alike, and provides quality speakers that address important
issues relevant to the industry.

Interact with Other Members
Meet and network with the "players" in the CMBS market. By interacting with
other market participants in the forum created by CMSA®, you make the market.
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