Deal Name: 2003-C5

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingMoody'sNewRatingMoody'sOldRatingS&PNewRatingS&POldRatingReason for Rating ActionMorgan Stanley Mortgage Capital I Inc., 1999-RM1583.7859.4D12.89  AaaAa1  Increased subordination and defeasance   E34.374  AaaA2      G10.742  Aa3Baa2      H23.632  Baa1Ba1   DLJ Commercial Mortgage Corp, 1999-CG210041006A-419.38  AaaAa2  Increased subordination and defeasance   B-158.141  A1A3      B-223.257  A3Baa2   Wachovia Bank Commercial Mortgage Trust, 2003-C6921.8952.7B29.774  AaaAa1  Increased subordination and defeasance   C13.101  Aa1Aa2      D25.01  A1A2      E14.292  A2A3   Credit Suisse First Boston Mortgage Securities Corp., 1997-C1593.41360D61.03  AaaA2  Increased subordination and ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingMoody'sNewRatingMoody'sOldRatingS&PNewRatingS&POldRatingReason for Rating ActionFirst Union National Bank Commercial Mortgage Trust, 1999-C4703.1885.7D13.3 - - - -AAAAAImproved subordination; defeasance (12 percent of pool) - -  -E28.8 -  - - -AA+A- - - - -F13.3 - - - -ABBB+ -  - - -G33.2 - - - -BBBBB+ -Merrill Lynch Mortgage Investors Inc., 1999-C1465.1592.4C26.6 - - - -AA+AA-Improved subordination - - -D8.9 - - - -AAA - - - -E20.7 - - - -BBB+BBB -Morgan Stanley Capital I Inc., 1999-FNV1512.9632.1C26.8 - - - -AAAAA+Improved subordination; defeasance - - -D12.6 - - - -AAAAA - - - -E30.0 - - - -AABBB+ - - - -G20.5 - ---BBBBB+ - - - -H7.9 - -- -BB+BB -Credit Suisse First Boston Mortgage Securities Inc., 1997-C1593.41,356.0F64.4 - -- - ABBImproved ...

November 20, 2003 Class Amt ($mln) Sub Level (%) Avg Life (yrs) Rating S&P Rating Fitch Final Pricing (bp) Bnch mark A-1 82 16 3 AAA AAA +22 Swaps A-2 150 16 4.7 AAA AAA +23 Swaps A-3 115 16 ...

July 25, 2003 By Rhonda L. Lipschutz, Commercial Real Estate Direct Staff WriterPrice talk on two conduits came out this week – one led by J.P. Morgan Chase and the other by Bank of America and Deutsche Bank.And the 10-year ...

Lehman rejiggered its latest CMBS deal to take advantage of the healthy demand for short-term CMBS. Meanwhile, four additional transactions could price before the month is out.

July 17, 2003 Class Amt ($mln) Sub Level (%) Avg Life (yrs) Rating S&P Rating Fitch Price Talk (bp) Final Pricing (bp) Bnch mark A1 145.0 14.8 3.36 AAA AAA +25 area +25 Swaps A2 503.0 14.8 4.94 AAA AAA ...