- Language: English
- Published: October 2011
- Region: United States
ML-CFC Commercial Mortgage Trust 2007-7 Ratings Lowered On Six Classes; Eight Other Ratings Affirmed Oct 11
- ID: 1931575
- October 2011
- Standard & Poors
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
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
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.