| Title: | COMM 2005-C6 Ratings Lowered And Removed From Watch Negative; Others Affirmed |
| Price: | $100.00 |
| Publication Date: | May 01, 2008 |
| Report Type: | News |
| Abstract: | NEW YORK (Standard&Poor's) May 1, 2008--Standard&Poor's Ratings Services today lowered its ratings on 10 classes of commercial mortgage pass-through certificates from COMM 2005-C6 and removed them from CreditWatch, where they were placed with negative implications on April 18, 2008. At the same time, we affirmed our ratings on the remaining 14 certificates from this series (see list). The downgrades reflect anticipated credit support erosion upon the eventual resolution of three of the four specially serviced assets. The downgrades of the subordinate certificates also reflect reduced trust liquidity that will result from an appraisal reduction amount (ARA) that we expect to be applied to the ninth-largest asset in the pool. The affirmed ratings reflect credit enhancement levels |
| Brief Excerpt: | RESEARCH Ratings Definitions COMM ####-C# Ratings Lowered And Removed From Watch Negative; Others Affirmed Publication date: ##-May-#### Primary Credit Analyst: Harris A Trifon, New York (#) ###-###-####; harris_trifon@standardandpoors.com... |
| Word Count: | 1611 |
| Issuer: | COMM 2005-C6 |
| Sector: | Structured Finance, Commercial MBS |
| Country: | United States |
| Region: | United States |
| Format: |
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