Deal Name: Series 1996-C2

Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch New Rating Fitch Old Rating Notes LB-UBS Commercial Mortgage Trust, ...

Moody's Investors Service has downgraded two classes of LB Commercial Conduit Mortgage Trust II, 1996-C2, because of losses from loans in special servicing. So far, the transaction has seen the liquidation of 13 loans, resulting in a total of $24.7 ...

Fitch Ratings has upgraded the $28.5 million class E from Merrill Lynch Mortgage Investors, 1996-C2, to AAA from AA+ because of improved subordination levels.  The deal has a remaining balance of $370.9 million, down 67 percent from $1.1 billion at ...

Standard & Poor's has downgraded the $62.6 million class F of Merrill Lynch Mortgage Investors Inc., 1996-C2, to triple-C-plus from single-B because of interest shortfalls.The transaction, whose balance is $445.02 million, compared with $1.1 billion at issuance, has so far ...

Fitch Ratings has upgraded two classes of Merrill Lynch Mortgage Investors Inc., 1996-C2, because subordination levels have improved as a result of loan payoffs and amortization. The deal's balance is $445 million, compared with $1.1 billion at issuance. Fitch upgraded ...

July 1, 2005 Fitch Ratings has upgraded two classes of LB Commercial Conduit Mortgage Trust II, 1996-C2, because of improved subordination levels. The deal's collateral balance is $104 million, compared to $397 million at issuance. The rating agency upgraded the ...

June 7, 2005 Fitch Ratings has upgraded four classes of Midland Realty Acceptance Corp., 1996-C2, because of improved subordination levels.The deal's collateral balance is $152.9 million, compared to $512.1 million at issuance.So the rating agency upgraded its: – $12.8 million ...

January 25, 2005 Fitch Ratings has upgraded four classes of Midland Realty Acceptance Corp., 1996-C2. Subordination levels have improved as a result of a paydown in collateral balance to $207.4 million from $512.1 million at issuance. The rating agency upgraded ...

January 21, 2005 Moody's Investors Service has upgraded three classes of LB Commercial Conduit Mortgage Trust II, 1996-C2, because subordination levels have improved. The paydown in the deal's pool balance decreased to $146.8 million from $397.2 million at issuance.In addition, ...

September 9, 2004 Fitch Ratings has upgraded two classes of Midland Realty Acceptance Corp., 1996-C2, because subordination levels have improved as a result of a reduction in the collateral pool's balance to $264.1 million from $512.1 million at issuance.The rating ...