BoA CMBS Classes Downgraded

Two classes of Banc of America Commercial Mortgage Inc. commercial mortgage pass-through certificates, series 2001-1, have been downgraded by Fitch Ratings.Class N was downgraded from B to B-minus/DR1, and class O was downgraded from B-minus to CCC/DR2. In addition, Fitch upgraded five classes in the deal and affirmed the ratings on nine other classes. The downgrades were due to increased loss expectations for five specially serviced loans, the rating agency said.

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