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Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln Class Size $mln Fitch New Rating Fitch Old Rating Reason for Rating Action Chase Commercial Mortgage Securities Corp., 1998-2 646.2 1,270.0 D 72.9 AAA AA+ Increased subordination; defeasance (29 percent ...
Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingReason for Rating ActionBear Stearns Commercial Mortgage Securities Inc., 2003-PWR21,010.01,070.0B26.7AAAAA+Increased subordination; defeasance (9.4 percent of pool---D9.3A+A-Chase Commercial Mortgage Securities Corp., 1998-21,000.01,270.0D72.9AA+AAIncreased subordination; defeasance (16.2 percent of pool)---E19.0AA-A+----F57.1BBB-BB+----G12.7BB+BB-
Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingMoody'sNewRatingMoody'sOldRatingS&PNewRatingS&POldRatingReason for Rating ActionBear Stearns Commercial Mortgage Securities Inc., 2000-WF1695.3888.3C35.5 AAAAA-Defeasance (25 percent of pool), increased subordination D8.9 AA+A+ E26.6 ABBB+ F8.9 A-BBB G15.5 BBBBB+ H13.3 BB+BB- I6.7 BBB+ J5.6 B+B NationsLink Funding Corp., 1998-21,0001,600D83.3 AAAAA-Increased subordination; defeasance E35.7 AA+A- F87.2 BBBBB+ G11.9 BB+BB H31.7 B+B- J7.9 B-CCC+
Standard & Poor's has upgraded three classes of Chase Commercial Mortgage Securities Corp., 1998-2, because of improved subordination levels and defeasance.The deal's balance is $1.024 billion, compared with $1.268 billion at issuance. In addition, 14 percent of the deal has ...
September 27, 2004 Standard & Poor's has upgraded four classes of Chase Commercial Mortgage Securities Corp., 1998-2, because subordination levels have improved. The rating agency upgraded the deal's: – $63.4 million class B to triple-A from double-A-plus; – $69.7 million ...
April 22, 2004 Standard & Poor's has downgraded two classes of NationsLink Funding Corp., 1998-2, because a relatively large volume of its collateral loans are in special servicing or on the master servicer's watchlist. But it also upgraded four other, ...
January 22, 2004 Moody's Investors Service has upgraded three classes of NationsLink Funding Corp., 1998-2, because a reduction in the collateral pool's balance has resulted in improved subordination levels.The rating agency upgraded the deal's:– $79.3 million class B to Aaa ...
December 20, 2002 Standard & Poor's raised its ratings on the B, C and D classes of NationsLink Funding Corp., 1998-2, because of improved overall operating performance and increased subordination levels.The agency upgraded:– Class B to double-A-plus from double-A;– Class ...
March 12, 2002 NEW YORK – Standard & Poor's has upgraded Chase Commercial Mortgage Securities Corp., 1998-C2, because of the deal's improved debt service coverage ratio.The collateral pool has shrunk to $1.2 billion from $1.3 billion at issuance. But debt ...
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