Deal Name: 2002-C1

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionMorgan Stanley Capital I Inc., 2006-XLF779.51,600.0B34.2AaaAa1Increased subordination---C53.3Aa1Aa2----D38.0Aa2Aa3-Wachovia Bank Commercial Mortgage Trust, 2002-C1807.4950.0C42.8AaaAa1Increased subordination; defeasance (19.9 percent of pool)---D9.50AaaAa2----E13.1Aa1A1----F16.6Aa3A3----G13.1A2Baa1----H15.4Baa1Baa3----J17.8Ba1Ba2----K4.8Ba2Ba3-GE Capital Commercial Mortgage Corp., 2002-2903.7971.8D31.6AaaAa2Increased subordination; defeasance (19.5 percent of pool)---F9.7Aa3A3----G10.9A2A3-LB-UBS Commercial Mortgage Trust, 2001-C7986.01,200.0D39.3Aa1A1Increased subordination; ...

Moody's Investors Service has upgraded five classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., 2002-C1, because a large chunk of the collateral pool has been defeased and subordination levels have improved.The transaction's balance is $776.5 million, compared with $816.7 ...

Moody's Investors Service has upgraded 10 classes of GMAC Commercial Mortgage Securities Inc., 2002-C1, because of improved subordination levels and a substantial chunk of the transaction has been defeased, or replaced by government securities.The transaction's collateral balance is $666.7 million, ...

Moody's Investors Service has upgraded seven classes of Wachovia Bank Commercial Mortgage Trust, 2002-C1, because several loans have been defeased, or replaced with government securities.The deal has a remaining balance of $909.5 million, down 4.3 percent from $950 million at ...

Standard & Poor's has upgraded 15 classes of LB-UBS Commercial Mortgage Trust, 2002-C1, because significant portions of the deal have been defeased, or replaced with government securities. The deal has a remaining balance of $1.16 billion, down 10 percent from ...

Standard & Poor's has upgraded 12 classes of Wachovia Bank Commercial Mortgage Trust, 2002-C1, because of improved subordination levels. The deal has a balance of $912 million, down 4 percent from $950 million at issuance. And 5 percent of the ...

Standard & Poor's has upgraded 13 classes of LB-UBS Commercial Mortgage Trust, 2002-C2, as well as the five classes of Dadeland Mall Mortgage Trust, 2002-C2A.The LB-UBS transaction's largest loan is backed by a $168 million mortgage on Dadeland Mall, a ...

Standard & Poor's has upgraded nine classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., 2002-C1, because of improved subordination levels. The deal's collateral balance is $780.9 million, compared with $816.7 million at issuance. In addition, $47.4 million of loans ...

Moody's Investors Service has downgraded the $3.6 million class N of First Union National Bank Commercial Mortgage Trust, 2002-C1, to Caa1 from B3 because of losses from loans in special servicing.So far, four collateral loans have been liquidated, resulting in ...

Standard & Poor's has upgraded 11 classes of GMAC Commercial Mortgage Securities Inc., 2002-C1, because of improved subordination levels. The deal's balance is $673.8 million, compared with $710.1 million at issuance. In addition, 8 percent of the deal's collateral has ...