Four classes of Asset Securitization Corp.'s commercial mortgage pass-through certificates series 1995-MDIV have been downgraded and removed from Rating Watch Negative by Fitch Ratings.The downgrades were as follows: class B-1, from BB to B; and classes B-2, B-2H, and A-CS3, from B to CCC. The ratings on six other classes of the same series were affirmed. Fitch attributed the downgrades to "continued poor performance and deterioration of the hotel loans in the transaction, which account for 49% of the current pool balance." The rating agency can be found on the Web at http://www.fitchratings.com.
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