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GE Capital Commercial Mortgage Corp. Series 2002-3 Ratings Raised On Four Classes And Affirmed On Eight Other Classes Sep 11 Product Image

GE Capital Commercial Mortgage Corp. Series 2002-3 Ratings Raised On Four Classes And Affirmed On Eight Other Classes Sep 11

  • ID: 1925251
  • September 2011
  • Standard & Poors

Abstract
OVERVIEW We raised our ratings on four classes from GE Capital Commercial Mortgage Corp.'s series 2002-3, a U.S. CMBS transaction. In addition, we affirmed our ratings on eight other classes from the same transaction. Our rating actions reflect our analysis of the transaction primarily using our U.S. conduit/fusion CMBS criteria, the transaction structure, as well as the liquidity available to the trust. The upgrades further reflect increased credit enhancement levels due to the deleveraging of the pool. NEW YORK (Standard & Poor's) Sept. 23, 2011--Standard & Poor's Ratings Services today raised its ratings on four classes of commercial mortgage pass-through certificates from GE Capital Commercial Mortgage Corp.'s series 2002-3, a U.S. commercial mortgage-backed securities (CMBS) transaction. In addition, we affirmed...

Companies mentioned in this report are: GE Capital Commercial Mortgage Corp.
Action: Affirmed
Action: Upgraded

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

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GE Capital Commercial Mortgage Corp.

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