Deal Name: Merrill Lynch Mortgage Investors

A total of $72.6 million of securitized mortgages on 10 Shilo Inns hotels have been paid off at a discount, ending a years-long saga that resulted in the negotiation of an innovative plan that allowed the loans' servicers to recoup ...

Standard & Poor's has downgraded two classes of Merrill Lynch Mortgage Investors Inc., 1998-C2, because it expects their subordination levels to be impacted by the resolution of three loans that are in special servicing.The transaction includes three loans totaling $21.4 ...

Following is a list of recent CMBS upgrades by Moody's Investors Service:Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingMoody'sNewRatingMoody'sOldRatingS&PNewRatingS&POldRatingReason for Rating ActionGE Capital Commercial Mortgage Corp., 2003-11,141.01,188.0B41.6  AaaAa2  Increased subordination; defeasance (8.3 percent of pool)   C16.3  Aa1Aa3      D25.3  Aa3A2      E16.3  A2A3      F10.4  A3Baa1      G16.3  Baa1Baa2   JPMorgan Chase Commercial Mortgage Securities Corp., 2003-ML1886.5929.8B26.7  AaaAa2  Increased subordination; defeasance (15.3 percent of ...

Moody's Investment Services upgraded two classes of Merrill Lynch Mortgage Investors, Inc., 1997-C2 and five classes of First Union National Bank-Chase Manhattan Bank Commercial Mortgage Trust, 1999-C2 because of increased subordination and defeasance.The collateral balance of Merrill Lynch 1999-C7 is ...

An investor group that includes a borrower against whom Orix Capital Markets had been granted a judgement, has filed suit against the Dallas company and Wells Fargo, claiming the two had breached their fiduciary obligations to holders of bonds in ...

Fitch Ratings has upgraded the $28.5 million class E from Merrill Lynch Mortgage Investors, 1996-C2, to AAA from AA+ because of improved subordination levels.  The deal has a remaining balance of $370.9 million, down 67 percent from $1.1 billion at ...

Standard & Poor's has downgraded the $12 million class H of Merrill Lynch Mortgage Investors Inc., 1997-C2, to CCC+ from B-, because of expected losses from loans in special servicing.So far, the transaction has seen 12 losses totaling $14.4 million. ...

Standard & Poor's has downgraded the $62.6 million class F of Merrill Lynch Mortgage Investors Inc., 1996-C2, to triple-C-plus from single-B because of interest shortfalls.The transaction, whose balance is $445.02 million, compared with $1.1 billion at issuance, has so far ...

Fitch Ratings has upgraded two classes of Merrill Lynch Mortgage Investors Inc., 1996-C2, because subordination levels have improved as a result of loan payoffs and amortization. The deal's balance is $445 million, compared with $1.1 billion at issuance. Fitch upgraded ...

Standard & Poor's had downgraded class J of Merrill Lynch Mortgage Investors Inc. 1997-C2 to single-D from triple-C because it suffered a loss of principal when a collateral loan was liquidated. The rating agency said the deal suffered a $1.3 ...