Deal Name: Series 1994-C3

March 8, 2004Standard & Poor's has downgraded the $9.8 million class B-2 of Nomura Asset Securities Cop., 1994-C3, to triple-C from double-B because of interest shortfalls.The rating agency said the shortfalls stem from a $3.5 million mortgage on a nursing ...

October 25, 2002 Fitch Ratings has upgraded the $28.9 million class C of Kidder Peabody Acceptance Corp. I, 1994-C3, to triple-A from double-A, because the collateral pool has shrunk substantially.The deal balance now stands at $28.9 million, substantially lower than ...

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 ...

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 ...

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 ...

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 ...