Deal Name: Paine Webber Mortgage Acceptance Corp V

June 22, 2004 Fitch Ratings has upgraded two classes of Paine Webber Commercial Mortgage Acceptance Corp., 1999-C1, because subordination levels have improved.The rating agency upgraded the deal's:– $35.2 million class B to triple-A from double-A; and– $37 million class C ...

February 2, 2004 Moody's Investors Service has downgraded three classes and upgraded two others of Paine Webber Mortgage Acceptance Corp. V, 1999-C1.The rating agency said losses, including expected losses from loans in special servicing, prompted it to downgrade the deal's:– ...

November 12, 2003 Moody's Investors Service has placed three classes of PaineWebber Mortgage Acceptance Corp. V, 1999-C1, under review for possible downgrade because of concerns it has with the large volume of collateral in special servicing, which could result in ...

Orix has filed suit in Dallas charging UBS PaineWebber and UBS Warburg Real Estate Securities with purposely placing troubled loans into two 1999 conduit transactions. It wants the investment bank to pay more than $600 million in damages.