CWMBS Classes Downgraded

Thirteen classes in six CWMBS (IndyMac) Inc. mortgage pass-through deals have been downgraded by Fitch Ratings.The downgrades were as follows: series 1994-S, class B4, from BB to B, and class B5, from CCC to C; series 1994-R, class B3, from CCC to C; series 1995-L, class B4, from B to CC; series 1999-H (RAST 1999-A8), class B3, from BBB to BB and remains on Rating Watch Negative, class B4, from CCC to D, and class B5, from C to D; series 2000-B (RAST 2000-A2), class B3, from BBB to BB and remains on Rating Watch Negative, class B4, from CCC to C, and class B5, from C to D; and series 2000-F (RAST 2000-A6), class B-3, from BBB to BB and placed on Rating Watch Negative, class B4, from CCC to C, and class B5, from CC to D. The rating agency said the actions stemmed from loss levels and high delinquencies relative to the applicable credit support levels.