Classes B-1 and B-1H of Asset Securitization Corp.'s commercial mortgage pass-through certificates series 1996-MDVI have been downgraded from BB-minus to B by Fitch Ratings.In addition, the ratings on the four other classes of the deal rated by Fitch were affirmed. The rating agency attributed the downgrades to the "continued decline in operating performance of the Horizon II loan" and said the two classes will remain on Rating Watch Negative due to interest shortfalls incurred as a result of a special servicing fee on the Prime Retail II loan. Fitch can be found on the Internet at http://www.fitchratings.com.
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