Article: Fitch Takes Various Actions on JP Morgan 2004-C3.

Fitch Ratings downgraded J.P. Morgan Chase Commercial Mortgage Securities Corp., series 2004-C3, commercial mortgage pass-through certificates as follows:

--$15.2 million class F to 'BBB' from 'A-'; Outlook Negative;

--$18.9 million class G to 'BBB-' from 'BBB+'; Outlook Negative;

--$15.2 million class H to 'BB' from 'BBB'; Outlook Negative;

--$20.9 million class J to 'BB-' from 'BBB-'; Outlook Negative;

--$7.6 million class K to 'B' from 'BB+'; Outlook Negative;

--$5.7 million class L to 'B-' from 'BB'; Outlook Negative.

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