from
S&P Credit Research3048 word report
published Nov 06, 2009
Price
$100.00 available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | OVERVIEW We lowered our ratings on all 22 classes from Wachovia Bank Commercial Mortgage Trust's series 2006-WHALE7 based on our revised valuations of the remaining assets in the pool. At the same time, we removed them from CreditWatch negative. The remaining collateral for Wachovia Bank Commercial Mortgage Trust's series 2006-WHALE7, a U.S. CMBS transaction, consists of one REO asset and 10 floating-rate loans, one of which is specially serviced. NEW YORK (Standard&Poor's) Nov. 6, 2009--Standard&Poor's Ratings Services today lowered its ratings on 22 classes of commercial mortgage pass-through certificates from Wachovia Bank Commercial Mortgage Trust's series 2006-WHALE7. Concurrently, we removed all 22 ratings from CreditWatch with negative implications (see list). The reasons for the downgrades included:
|
| Brief Excerpt: | RESEARCH Ratings Definitions Ratings Lowered On 22 Wachovia Bank Commercial Mortgage Trust 2006-WHALE7 Classes Publication date: 06-Nov-2009 Primary Credit Analyst: Della Cheung, New York (1) 212-438-3691; della_cheung@standardandpoors.com...
|
| Report Type: | Ratings Action
|
| Issuer: | Wachovia Bank Commercial Mortgage Trust
|
| Sector: | Structured Finance
|
| Country: | United States
|
| Region: | United States
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
- Wachovia Bank Commercial Mortgage Trust Series 2006-C23 Ratings Lowered On 20 Classes; Six Ratings Affirmed $100.00
OVERVIEW We lowered our ratings on 20 U.S. CMBS classes from Wachovia Bank Commercial Mortgage Trust's series 2006-C23 and removed them from CreditWatch with negative implications. In addition, we affirmed our ratings on six additional classes ...
- Wachovia Bank Commercial Mortgage Trust Series 2007-C33 Ratings Lowered On 20 Classes; Five Ratings Affirmed $100.00
OVERVIEW We lowered our ratings on 20 U.S. CMBS classes from Wachovia Bank Commercial Mortgage Trust's series 2007-C33 and removed them from CreditWatch with negative implications. In addition, we affirmed our ratings on five classes from the ...
- Wachovia Bank Commercial Mortgage Trust Series 2006-C29 Ratings Lowered On 16 Classes; Seven Ratings Affirmed $100.00
OVERVIEW We lowered our ratings on 16 classes from Wachovia Bank Commercial Mortgage Trust's series 2006-C29 and removed them from CreditWatch with negative implications. In addition, we affirmed our ratings on seven classes from the same transaction ...
- 39 Ratings Lowered On Three CMBS Deals; Stuyvesant Town/Peter Cooper Village Loan Concerns Cited $100.00
OVERVIEW We lowered our ratings on 39 CMBS classes from ML-CFC Commercial Mortgage Trust 2007-5, Wachovia Bank Commercial Mortgage Trust's series 2007-C30, and Wachovia Bank Commercial Mortgage Trust's series 2007-C31 and removed 36 of them ...
- Wachovia Bank Commercial Mortgage Trust Series 2006-C28 Ratings Lowered On 19 Classes; Five Ratings Affirmed $100.00
OVERVIEW We lowered our ratings on 19 U.S. CMBS classes from Wachovia Bank Commercial Mortgage Trust's series 2006-C28 and removed them from CreditWatch with negative implications. In addition, we affirmed our ratings on five classes from the ...
- Wachovia Bank Commercial Mortgage Trust 2007-ESH Ratings Lowered On 8 Classes; All Outstanding Ratings On Watch Negative $100.00
OVERVIEW We lowered our ratings on eight classes from Wachovia Bank Commercial Mortgage Trust's series 2007-ESH. The ratings on these and seven additional classes remain on CreditWatch negative. We also placed our ratings on five additional ...
- Wachovia Bank Commercial Mortgage Trust Series 2007-ESH Ratings Put On Watch Negative; Anticipated Shortfalls Cited $100.00
OVERVIEW The collateral underlying Wachovia Bank Commercial Mortgage Trust's series 2007-ESH, a U.S. CMBS transaction, consists of one loan secured by 664 extended-stay hotels, cash flow distributions from 17 leased extended-stay hotels, one ...
- Wachovia Bank Commercial Mortgage Trust 2004-C14 Class PP Rating Lowered To 'CCC-' $100.00
OVERVIEW We lowered our rating on the class PP commercial mortgage pass-through certificates issued by Wachovia Bank Commercial Mortgage Trust's series 2004-C14 to 'CCC-' from 'BBB-'. The downgrade resulted from recurring interest shortfalls ...
