Deal Name: Nomura Asset Securities Corp
Fitch Upgrades 2 Classes of Nomura Asset 1995-MD III
November 13, 2002 Fitch Ratings has upgraded two classes of Nomura Asset Securitization Corp., 1995-MD III, because the collateral pool has been reduced as a result of amortization. The rating agency upgraded the deal's interest-only class A-3CS and the $42.8 ...
Fitch Upgrades Class B of First Chicago/Lennar 1997-CHL1
November 1, 2002 Fitch Ratings has upgraded the $83.6 million class B of First Chicago/Lennar Trust I, 1997-CHL1, because of increased subordination levels.Class B is now the deal's most senior class since its class A has been paid in full.While ...
Fitch Places 1 Class of Nomura 1996-MD5 on Rating Watch Negative
October 17, 2002 Fitch Ratings has placed the $33.7 million class B-2 of Nomura Asset Securities Corp., 1996-MD5, on its rating watch negative list because of the declining performance of a large loan in the collateral pool.The rating agency, which ...
Sale of Ohio Mall Wipes Out Parts of 1994 CMBS Deal
October 16, 2002 Fitch Ratings has downgraded to single-D from single-C the three most-junior classes of Nomura Asset Securities Corp., 1994-MD1, because the collateral property for one of three remaining loans in the deal has been sold at a substantial ...
Fitch Upgrades 1 Class of Nomura Asset Securities Corp., 1994-C3
September 17, 2002 Fitch Ratings has upgraded one class of Nomura Asset Securities Corp., 1994-C3, because subordination levels have improved as a result of amortization and loan pay offs.The $6.5 million class A-4 was upgraded to triple-A from single-A-plus.The collateral ...
Va. REIT Pays $160Mln for 23 Hotels
Apple Hospitality has paid $160 million for a portfolio of 23 extended-stay hotels. As part of its purchase, it assumed $132 million of debt that was securitized in 1996.
S&P Raises/Lowers Ratings on Nomura Asset Securities 1994-C3
September 11, 2002 NEW YORK – Standard & Poor's has raised the ratings on three classes of Nomura Asset Securities Corp., 1994-C3, due to increased subordination levels from pay downs and amortization, resulting in increased credit support. It also lowered ...
Moody’s Upgrades 2 Classes of Nomura Asset Securities 1998-D-6
September 5, 2002 NEW YORK – Moody's Investor Service has upgraded two classes of Nomura Asset Securities Corp, 1998-D-6, as a result of increased credit enhancements due to amortization.The $223.4 million class A-2 was upgraded to Aa1 from Aa2, and ...
Fitch Downgrades 2 Classes of Nomura Asset 1994-MD1
Correction (Aug. 5, 2002): Fitch Ratings downgraded the $26.7 million class B-1 of Nomura Asset Securities Corp., 1994-MD1, to triple-C from triple-B-plus and the $24.6 million class B-2 to single-C from single-B. The story below reported the wrong ratings. In ...
Correction: Fitch Downgrades 2 Classes of Nomura Asset 1994-MD1
August 5, 2002 Fitch Ratings downgraded the $26.7 million class B-1 of Nomura Asset Securities Corp., 1994-MD1, to triple-C from triple-B-plus and the $24.6 million class B-2 to single-C from single-B. A story published earlier today, "Fitch Downgrades 2 Classes ...
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