Subject: CMBS Pricing (PRICE)

November 29, 2000 Go To Fitch Presale Report.Go To Moody's Presale Report.Go To Standard & Poor's Presale Report.Banc One/FCCC Commercial Mortgage Loan Trust Series 2000-C1ClassAmount($mln)Sub. Level(%)RatingFitchRatingMoody'sRatingS&PAvg.LifePriceTalk(BP)BenchMarkA-151519AAAAaaAAA2.4+23-24SwapsA-2182.819AAAAaaAAA2.5+22-231-mo. LiborB4314AANRAA5.9+53 areaSwapsC34.410ANRA6.8+68 areaSwapsD8.69A-NRA-7.4+78 areaSwapsE157.25BBBNRBBB7.7+120 areaSwapsF8.66.25BBB-NRBBB-7.9+280 areaTreas.X861.5NAAAAAaaAAA------

November 22, 2000 Note: Final pricing for only the triple-A classes, below, was immediately available. Prudential Mortgage Capital Co. II, LLC, Series PRU-HTG 2000-C1ClassAmount($mln)RatingMoody'sRatingFitchAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-127AaaAAA5.7+36-38+371.-mo. LiborA-2127AaaAAA9.85+49-51+521.-mo. LiborB17Aa1AAA9.85+58-60NA1.-mo. LiborC10.15Aa2AA9.85+67-69NA 1.-mo. LiborD27.12A2A9.85+83-85NA1.-mo. LiborE27.12Baa2BBB9.85+245 areaNATreas.F8.5Baa3BBB9.85+280 areaNATreas.X243.9AaaAAA9.4N/ANA--Go To Moody's Presale Report.Go To Fitch's Presale Report.

November 21, 2000COMM 2000-FL3 (Deutsche, Chase)ClassAmount($mln)Sub. Level*(%)RatingS&PRatingMoody'sRatingFitchAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA794.433.4AAAAaaAAA2.47+22-24+22LiborB58.4528.5AAAa2AA2.92+35-38+37LiborC90.920.9ANRA2.92+75 area+80LiborD28.818.5A-NRA-2.92+100 area+133LiborX**972.6NAAAAAaaAAANANANA--* S&P.** Interest only. The COMM 2000-FL3 deal is structured in an A-B fashion with "C interests" – or junior interests that are held outside of the trust.For more details on the ...

November 21, 2000 Go To Moody's Presale Report.Go To Fitch's Presale Report.Prudential Mortgage Capital Co. II, LLC, Series PRU-HTG 2000-C1ClassAmount($mln)RatingMoody'sRatingFitchPriceTalk(BP)BenchMarkA-127AaaAAA+36-381.-mo. LiborA-2127AaaAAA+49-511.-mo. LiborB17Aa1AAA+58-601.-mo. LiborC10.15Aa2AA+67-691.-mo. LiborD27.12A2A+83-851.-mo. LiborE27.12Baa2BBB+245 areaTreas.F8.5Baa3BBB+280 areaTreas.X243.9AaaAAAN/A--

November 21, 2000FFCA Secured Lending Corp., Series 2000-1ClassSub. Level(%)RatingFitchRatingMoody'sAvg.LifePriceTalk(BP)Priced(BP)BnchMarkA-1*20.5AAAAaa5.7+55-60+60SwapsA-2*20.5AAAAaa14.6+95-100+95SwapsB16.5AA-AA218.4+255-265+250Treas.C13A-A118.9+285-295+280Treas.D10.50BBBA319.3+335-345+330Treas.E9.25BBB-Baa1NA+375 area+375Treas.IONAAAAAaaNANA+525Treas.* Insured by MBIA Insurance Corp.

November 21, 2000 Commercial Real Estate DirectThe $1.2 billion floating-rate commercial mortgage-backed securities deal launched last week by underwriters Deutsche Banc Alex. Brown and Chase Securities is due to price today by 4 p.m., sources say. Commercial Real Estate Direct ...

November 16, 2000 First Union National Bank Commercial Mortgage Trust 2000-C2ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-1187.423.5AAAAAA5.8+28 area+28SwapsA-2686.823.5AAAAAA9.7+40 area+40SwapsB55.718.625AAAA9.9+55 area+55SwapsC42.814.875AA9.9+70 area+70SwapsD17.113.375A-A-9.9+80 area+80SwapsE18.611.75BBB+BBB+9.9+110 area+115SwapsF17.110.25BBBBBB9.9+120 area+125SwapsG14.3.59BBB-BBB-9.9S+160 areaT+290--X*1,1430AAAAAA9.15+350**+365**Curve* Interest only, notional amount.** At 100 percent CPR. The junior classes were retained by First Union.Classes H, J, K, L, ...

November 13, 2000 Go To Fitch's Presale Report.Go To S&P's Presale Report.First Union National Bank Commercial Mortgage Trust 2000-C2ClassAmount($mln)Sub. Level(%)RatingFitchRatingS&PAvg.LifePriceTalk(BP)BenchMarkA-1187.423.5AAAAAA5.8+28 areaSwapsA-2686.823.5AAAAAA9.7+40 areaSwapsB55.718.625AAAA9.9+55 areaSwapsC42.814.875AA9.9+70 areaSwapsD17.113.375A-A-9.9+80 areaSwapsE18.611.75BBB+BBB+9.9+110 areaSwapsF17.110.25BBBBBB9.9+120 areaSwapsG14.3.59BBB-BBB-9.9+160 areaSwapsX*1,1430AAAAAA9.15+350**Treas.* Interest only, notional amount.** At 100 percent CPR. Classes H, J, K, ...

November 13, 2000FFCA Secured Lending Corp., Series 2000-1ClassSub. Level(%)RatingFitchAvg.LifePriceTalk (BP)BnchMarkA-1*20.5AAA5.7+55-60SwapsA-2*20.5AAA14.6+95-100SwapsB16.5AA-18.4+255-265Treas.C13A-18.9+285-295Treas.D10.50BBB19.3+335-345Treas.E9.25BBB-NA+375 areaTreas.IONAAAANANATreas.* Insured by MBIA Insurance Corp.

October 27, 2000 DLJ Commercial Mortgage Corp., Series 2000-CKP1ClassAmount ($mln)Sub. Level (%)Rating FitchRating Moody'sAvg. LifePrice Talk(BP)Priced(BP)BenchMarkA-1A210.522.5AAAAaa5.7+28-29+281.-mo. LiborA-1B789.822.5AAAAaa9.6+39 area+391.-mo. LiborA-251.618.5AAAa29.8+56 area+561.-mo. LiborA-358.114AA29.8+71 area+721.-mo. LiborA-416.112.75A-A39.8+81 area+821.-mo. LiborB-116.111.5BBB+Baa19.9+220-225+230Treas.B-225.89.5BBBBaa29.9+230-235+235Treas.B-36.59BBB-Baa39.9+265-270+280Treas.X*91.8--AAAAaa--NANATreas. *Interest only, notional amount.