Deal Name: 2004-FL2

Fitch Ratings has upgraded seven classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, because of a reduction in the deal's balance, which has improved subordination.The deal's balance is $518 million compared to $1.4 billion at issuance. Fitch upgraded the deal's:- $34.6 million class ...

Moody’s Investors Service has downgraded the $1 million class N-LH of Greenwich Capital Commercial Funding Corp., 2004-FL2, to B1 from Ba2, because the loan the class is tied to has deteriorated.The class is tied to a $32 million loan package ...

Moody's Investors Service has downgraded the $1 million class N-LH of Greenwich Capital Commercial Funding Corp., 2004-FL2, because of the deteriorating performance of the Logan Airport Embassy Suites, which backs a $19 million collateral loan.The rating agency said that preliminary ...

Fitch Ratings has placed seven classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, on rating watch positive. Three of the deal's 16 loans have been repaid, resulting in a balance of $711.3 million, compared with $921.5 million at issuance. The ...

November 10, 2004 Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating Moody's Final Pricing (bp) Bnch mark A1 516.93 42.10 1.68 AAA AAA Aaa +13 Libor A2 173.81 22.63 1.78 AAA AAA Aaa +18 Libor ...