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Article: Fitch Places Two Add'l CMBS Deals on Rtg Watch Neg Due to Interest Shortfalls.
- Article from:
- Business Wire
- Article date:
- January 23, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
NEW YORK--(BUSINESS WIRE)--Jan. 23, 2003
Fitch Ratings places three classes from two single asset CMBS transactions on Rating Watch Negative due to interest shortfalls caused by expense reimbursements for each transaction. The expense reimbursements stem from various terrorism insurance costs incurred by Wells Fargo Bank, the master servicer for each of the transactions. Fitch previously placed three classes from three single asset deals on Rating Watch due to ...
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