CSFB CMBS Classes Downgraded

Three classes of Credit Suisse First Boston Mortgage Securities Corp.'s commercial mortgage pass-through certificates, series 2001-TFL1, have been downgraded by Fitch Ratings.The downgrades were as follows: class G, from A-minus to BBB; class H-ALL, from BBB-plus to BBB-minus; and class J-ALL, from BBB to BB-plus. The ratings on three other Fitch-rated classes in the deal were affirmed. Fitch attributed the downgrades to the decline in performance of the Alliance Portfolio loan, the sole remaining loan in the pool. The master servicer is in discussions with the borrower, Fitch said.