Fitch Takes Various Rating Actions on 8 Lehman Brothers Small Balance Commercial Transactions.
Business Wire › February 09, 2010
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Fitch Takes Various Rating Actions on 8 Lehman Brothers Small Balance Commercial Transactions.
NEW YORK -- Fitch Ratings has affirmed 24 and downgraded 48 classes within eight Lehman Brothers Small Balance Commercial Mortgage Trust (LBSBC) transactions in the course of its ongoing surveillance reviews.
The underlying collateral pool for these transactions consists of fixed- and adjustable-rate mortgage loans secured by senior liens on commercial, multifamily and mixed-use properties. The average current loan size for each transaction is less than $400,000. Today's rating actions reflect Fitch's expected co...See the full content of this document
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