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Merrill CMBS Deal Gets a Downgrade.(Brief Article)(Statistical Data Included)
Rating agency Standard & Poor's has lowered its rating on class G of Merrill Lynch Mortgage Investors Inc.'s mortgage pass-through certificate series 1996-C2, to triple-C, from single-B, and removed it from CreditWatch with negative implications, where it was placed on Jan. 3.
The rating agency also reduced the rating on the Class F certificates to double-B-minus from double-B. ...
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Source: HighBeam Research, Merrill CMBS Deal Gets a Downgrade.(Brief Article)(Statistical Data...