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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's New Rating Fitch's Old Rating Notes GMAC Commercial Mortgage Securities ...
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's New Rating Fitch's Old Rating Notes GE Capital Commercial Mortgage ...
Crain's Chicago BusinessA trust managed by Gershon Bassman has missed two mortgage payments on $13.45 million of debt on a suburban Chicago office complex. The 230,222-square-foot Roosevelt Glen Corporate Center in Glen Ellyn, Ill., backs a $10.5 million loan that ...
Fitch Ratings has downgraded two classes of Morgan Stanley Capital I, 1998-HF2, due to expected losses from loans in special servicing. A total of four loans, with a balance of $30.4 million, have been placed with the special servicer, Capmark ...
Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingReason for Rating ActionCredit Suisse First Boston Mortgage Securities Corp., 2001-CK1893.0997.1E12.6AAAAA+Increased subordination; defeasance (17.2 percent of pool)---F20.2AAA+----G17.7A+A-----H17.5A-BBB-Structured Asset Securities Corp., 1997-LL1560.01,426.7D114.1AAAA+Increased subordination; defeasance (51.5 percent of pool)---E42.8AAABBB+-Asset Securitization Corp., 1997-D51,400.01,800.0A-287.7AAAAAIncreased subordination; defeasance (27.8 percent of pool); resolution ...
Fitch Ratings has upgraded seven classes of Morgan Stanley Capital, 1998-HF2, because several of the deal's loans have been defeased, or replaced with government securities. The deal has a remaining balance of $773 million, down 27 percent from $1.1 billion ...
August 13, 2003 Fitch Ratings has downgraded one class and upgraded five otherss of Morgan Stanley, 1998-HF2.Fitch downgraded the $10.6 million class M due to expected losses.The rating upgrades are due to continued pool performance and additional credit enhancement provided ...
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