Three classes from Credit Suisse First Boston Mortgage Securities Corp. commercial mortgage pass-through certificates, series 2001-CF2, have been downgraded by Moody's Investors Service.The downgrades were as follows: class L, from Caa1 to Caa2; class M, from Caa3 to Ca; and class N, from Ca to C. In addition, Moody's upgraded one class from the deal and affirmed the ratings on 12 others. The downgrades were attributed to realized and expected losses on four specially serviced loans. The pool consists of 142 mortgage loans secured by commercial and multifamily properties. The rating agency can be found on the Web at http://www.moodys.com.
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