Deal Name: Nomura Asset Securities Corp
Mall Trouble Leads to Downgrades, Rating Watch for Nomura 1994-MD1
February 28, 2002 CHICAGO – Fitch Ratings has downgraded four classes of Nomura Asset Securities Corp.'s 1994-MD1 and put them on rating watch negative because of two specially serviced loans in the transaction, Rolling Acres and Canton Centre, both of ...
Fitch Upgrades Nomura Asset Securities, 1995-MD III
December 26, 2001 NEW YORK – Fitch has upgraded Nomura Asset Securities Corp., 1995-MD III, because of increased subordination levels and the fact that two loans comprising more than half the pool balance have been defeased.The rating agency upgraded the ...
Fitch Upgrades Nomura Asset Securities, 1994-C3
December 19, 2001 NEW YORK – Fitch has upgraded Nomura Asset Securities Corp., 1994-C3, because of significant increases in subordination stemming from amortization prepayments and loan maturities.The rating agency upgraded the deal's $9 million class A-3 to triple-A from double-A-plus ...
Bankruptcy of House2Home Affects 23 CMBS Deals
December 6, 2001 Commercial Real Estate Direct Staff ReportA total of 23 CMBS transactions will be affected by the recent bankruptcy filing of House2Home, a retailer that was formerly known as Homebase, a home-improvement chain.The filing will result in the ...
Fitch Upgrades 2 Classes of Nomura Asset Securities 1994-MD1
October 31, 2001 NEW YORK – Fitch has upgraded Nomura Asset Securities Corp.'s 1994-MD1.The rating agency upgraded class A-3 and interest only class A-3X to triple-A from double-A. The upgrades are in response to the full defeasance of the second ...
S&P Raises Ratings on Nomura Asset 1994-C3
May 3, 2001 NEW YORK – Standard & Poor's raised its ratings on three classes of Nomura Asset Securities Corp.'s series, 1994-C3, and affirmed other classes it rates. The ratings are as follows: class A-3 to double-A-plus from single-A; class ...
S&P CMBS UPGRADES
Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionMorgan Stanley Dean Witter Capital I Inc., 2002-HQ548.5846.0F8.5AA-A+Increased subordination.---G8.5A+A----H14.8A-BBB+----J6.3BBB+BBB----K6.3BBBBBB-----L8.5BBBB-----M6.3B+B----N2.1BB-----B-1-AAAAA+Improved performance, amortization of Woodfield Mall loan.---B-2-AA+AA----B-3-AAAA--Morgan Stanley Dean Witter Capital I Inc., 2002-IQ2443.7778.6C24.3AA+A+Increased subordination; defeasance (15 percent of pool)---D7.8AA-A-----E7.8A+BBB+----F7.8ABBB----G5.8BBB+BBB-----H9.7BBBBB+----J5.8BB+BB----K3.9BBBB--Nomura Asset Securities Corp., 1996-MDV94.9773.7B-233.7AAABBB+Defeasance (100 ...
S&P CMBS UPGRADES
Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionMorgan Stanley Dean Witter Capital I Inc., 2002-HQ548.5846.0F8.5AA-A+Increased subordination.---G8.5A+A----H14.8A-BBB+----J6.3BBB+BBB----K6.3BBBBBB-----L8.5BBBB-----M6.3B+B----N2.1BB-----B-1-AAAAA+Improved performance, amortization of Woodfield Mall loan.---B-2-AA+AA----B-3-AAAA--Morgan Stanley Dean Witter Capital I Inc., 2002-IQ2443.7778.6C24.3AA+A+Increased subordination; defeasance (15 percent of pool)---D7.8AA-A-----E7.8A+BBB+----F7.8ABBB----G5.8BBB+BBB-----H9.7BBBBB+----J5.8BB+BB----K3.9BBBB--Nomura Asset Securities Corp., 1996-MDV94.9773.7B-233.7AAABBB+Defeasance (100 ...
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