Deal Name: Mortgage Capital Funding

November 21, 2003 Standard & Poor's has upgraded two classes of Mortgage Capital Funding Inc., 1995-MC1, because credit enhancement levels have improved as the collateral balance has paid down.The deal's principal balance is now only $28.8 million, down from $228.8 ...

October 20, 2003 Moody's Investors Service has upgraded two classes of Mortgage Capital Funding Inc., 1997-MC2, because of an increase in subordination levels, which resulted from loan payoffs and amortization.The rating agency upgraded the deal's:– $52.2 million class B to ...

October 1, 2003 Fitch Ratings has upgraded six classes of Mortgage Capital Funding Inc., 1998-MC1, because a reduction in the deal's collateral balance has resulted in improved subordination levels.The rating agency upgraded the deal's:– $51.8 million class B to triple-A ...

The upscale New York hotel, which like most other hotels has seen a decline in performance, could be in trouble. The talk is that its owners are in talks with its lenders over terms of its debt.

August 7, 2003 Standard & Poor's Ratings Services has upgraded five classes of Mortgage Capital Funding, 1996-MC1, because of increased subordination levels due to amortization and loan payoffs.The agency raised the deal's:– $31.4 million class C to triple-A from double-A;– ...

August 6, 2003 Fitch Ratings has upgraded three classes of Mortgage Capital Funding, 1997-MC2, because of increased subordination levels due to loan payoffs and amortization.The rating agency upgraded the:- $52.2 million class B to triple-A from double-A;- $43.5 million class ...

July 30, 2003 Fitch Ratings has upgraded three classes of Mortgage Capital Funding Inc., 1997-MC1, because subordination levels have increased due to loan payoffs and amortization.The rating agency upgraded the deal's:– $39.5 million class B to triple-A from double-A;– $36.2 ...

July 24, 2003 Fitch Ratings has upgraded six classes of Mortgage Capital Funding Inc., 1996-MC1, because of increasing subordination levels resulting from loan payoffs and amortization.The rating agency upgraded the deal's:– $19.3 million class D to triple-A from double-A-minus;– $16.9 ...

July 2, 2003 Fitch Ratings has upgraded three classes of Mortgage Capital Funding Inc., 1996-MC2, because the deal's collateral balance has shrunk, improving subordination levels.The rating agency upgraded the deal's:– $27.5 million class B to triple-A from double-A-plus;– $22.9 million ...

April 24, 2003 Moody's Investors Service has upgraded four classes of Mortgage Capital Funding Inc., 1996-MC2, because credit support levels have increased. But it downgraded one of the deal's more junior classes because of interest shortfalls.The deal's collateral balance has ...