Deal Name: Series 1997-MD7

June 18, 2002 NEW YORK – Moody's Investors Service has downgraded two classes of Asset Securitization Corp., 1997-MD VII, primarily because of the deterioration in the performance of the collateral pool's largest loan.The agency downgraded the deal's $40 million class ...

June 14, 2002 NEW YORK – Fitch has downgraded two classes of Asset Securitization Corp., 1997-MDVII, because of the decline in the Fairfield Inn portfolio – which represents 32 percent of the deal.The $27.5 million class A-5 and the $10 ...

May 17, 2002 NEW YORK – Moody's Investors Service has downgraded two classes of Asset Securitization Corp., 1997-MD VII, because of the weaker performance of a loan that represents nearly a third of the collateral pool.The agency downgraded the deal's ...

November 19, 2001 NEW YORK – Fitch has placed the $27.5 million A-5 and the $10 million A-6 in Asset Securitization Corp.'s 1997-MD VII on rating watch negative.Class A-5 is rated single-B-plus and class A-6 is rated single-B-minus. The action ...

September 21, 2001 NEW YORK – Standard & Poor's has lowered its ratings on two classes of Asset Securitization Corp.'s $12.49 million 1997-MDVII to reflect the interest shortfall due to fees that were paid to the special servicer, Clarion Partners, ...