Various Rating Actions Taken On 12 Classes From Two CMBS, One Re-REMIC Transaction; 11 Ratings Off Watch Oct 12
- Language: English
- Published: October 2012
OVERVIEW We lowered our ratings on six classes from ML-CFC Commercial Mortgage Trust 2007-7, a U.S. CMBS transaction. In addition, we affirmed our ratings on eight other classes from the same transaction. Our rating actions primarily reflect our analysis of the transaction using our U.S. CMBS conduit/fusion criteria, the deal structure, and the liquidity available to the trust. We lowered our ratings on two classes to 'D (sf)' because we expect interest shortfalls to continue for the foreseeable future. NEW YORK (Standard & Poor's) Oct. 7, 2011--Standard & Poor's Ratings Services today lowered its ratings on six classes of commercial mortgage pass-through certificates from ML-CFC Commercial Mortgage Trust 2007-7, a U.S. commercial mortgage-backed securities (CMBS) transaction. Concurrently, we affirmed our...
Companies mentioned in this report are:
- ML-CFC Commercial Mortgage Trust 2007-7
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