Deal Name: 2006-FL4

Fitch Ratings last month placed the $17.8 million class L of Greenwich Capital Commercial Funding Corp., 2006-FL4, which is rated BB+, under review for possible downgrade because a large collateral loan has defaulted. The loan, with a total balance of ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA-1572.0742.001.15AAAAAA+9LiborA-2230.3918.641.71AAAAAA+14LiborB35.3815.051.95AA+AA++19LiborC30.7111.942.18AAAA+23LiborD17.9710.122.43AA-AA-+27LiborE16.738.422.54A+A++32LiborF11.297.292.77AA+37LiborG15.005.762.85A-A-+42LiborH17.593.972.85BBB+BBB++58LiborJ14.192.542.85BBBBBB+80LiborK7.231.802.85BBBBBB-+125LiborL17.770.002.85BBB-BB++230Libor*Assumes no extensionsCollateral balance: $986.33 millionBookrunner(s): RBS Greenwich CapitalLead Managers: RBS Greenwich CapitalCo-managers: Goldman Sachs, Credit Suisse, Bear StearnsMaster Servicer: Wachovia BankSpecial Servicer: Wachovia BankTrustee: LaSalle BankOriginators: Greenwich Capital (91.23 percent), AIG Mortgage Capital (8.27 percent), ABN ...