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Fitch Places First Chicago/Lennar Trust I 1997-CHL1 Class F on Rating Watch Negative due to Interest Shortfalls.

Business Wire

| March 13, 2003 | COPYRIGHT 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)Copyright

Business Editors

NEW YORK--(BUSINESS WIRE)--March 13, 2003

Fitch places First Chicago/Lennar Trust I, series 1997-CHL1, $13.8 million class F rated 'B-' on Rating Watch Negative due to interest shortfalls which have been occurring on the class. The subordinate classes have also been experiencing interest shortfalls; class G is rated 'CCC' and classes H-1, H-2, and H-3 are not rated by Fitch.

A substantial ...

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Source: HighBeam Research, Fitch Places First Chicago/Lennar Trust I 1997-CHL1 Class F on Rating...

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