Deal Name: Morgan Stanley Dean Witter Capital I Trust

Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Merrill Lynch Mortgage ...

Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Credit Suisse First ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionGMAC Commercial Mortgage Securities Inc., 2004-C2905.0933.7B25.7Aa1Aa2Increased subordination; defeasance (11.6 percent of pool)---C10.5Aa2Aa3----D18.7A1A2-Greenwich Capital Commercial Funding Corp., 2005-FL3679.51,300.0C16.2AaaAa1Increased subordination.COMM, 2001-J1599.6795.3D15.5AaaAa2Defeasance---F23.3A3Baa2-Morgan Stanley Dean Witter Capital I Trust, 2002-HQ550.3846.0C29.6AaaAa1Increased subordination; defeasance (19.4 percent of pool)---D7.4AaaAa2----E10.6Aa1Aa3----F8.5Aa2A2----G8.5A1Baa1----H14.8Baa2Baa3-DLJ Mortgage Acceptance ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingReason for Rating ActionGMAC Commercial Mortgage Securities Inc., 2001-C1751.0864.1E17.3AA+AAIncreased subordination; defeasance (27.8 percent of pool)---F13.0AA-A-Morgan Stanley Dean Witter Capital I Trust, 2002-IQ2484.1778.6C24.3AAAAA+Increased subordination; defeasance---D7.8AAAAA----E7.8AAAAA-----F7.8AAA+----G5.8A+A-Morgan Stanley Capital I Trust, 2003-IQ5604.7778.8C30.2AA+A+Increased subordination; defeasance (12.7 percent of pool)---D7.8AA-A----E5.8A+BBB+----F6.8A-BBB----G7.8BBBBBB-----H5.8BBB-BB+----J2.9BB+BB----K4.9BBBB--Credit Suisse First ...

During the first six weeks of the year, only two CMBS deals totaling a mere $3 billion priced. The floodgates are about to open, with the first three conduits of an expected 10 deals pricing in the coming month. All told, ...

Standard & Poor's has downgraded five classes of Morgan Stanley Dean Witter Capital I Trust, 2002-IQ3, because of interest shortfalls.The rating agency had placed four of the classes under review for possible downgrade in December because of the expectation that ...

Moody's Investors Service has downgraded the $4.5 million class K of Morgan Stanley Dean Witter Capital I Trust, 2002-IQ3, to Ca1 from B3 because of expected losses from loans in special servicing.The transaction has so far suffered only $4,000 of ...

Standard & Poor's has placed under review for possible downgrades four classes of Morgan Stanley Dean Witter Capital I Trust, 2002-IQ3, because of expected interest shortfalls.The rating agency said a $15.6 million appraisal reduction was taken against a $29.2 million ...

Moody's Investor Services has upgraded the $18.2 million class B of Morgan Stanley Capital I Inc., 2003-IQ4, to Aaa from Aa2 because of increased subordination levels.The deal's balance is $639.7 million compared to $742.8 million at issuance. One loan, totaling ...

Standard and Poor's has downgraded nine classes of Morgan Stanley Dean Witter Capital I Trust, 2002-IQ3, due to losses expected from the resolution of the deal's fourth largest collateral loan.That loan, with a balance of $29.7 million, or 4 percent ...