Class I of Credit Suisse First Boston Mortgage Securities Corp.'s commercial mortgage pass-through certificates, series 1998-C2, has been downgraded from B-minus to CCC/DR3 by Fitch Ratings.In addition, Fitch upgraded two classes and affirmed the ratings on six other classes in the deal. The downgrade was attributed to expected losses on two specially serviced assets.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry