Class E of GMAC Commercial Mortgage Securities Inc. mortgage pass-through certificates, series 2000-FL-A, has been downgraded from AAA to AA-plus by Fitch Ratings.The class E certificate is insured by American International Specialty Lines Insurance Co., an indirect wholly owned subsidiary of American International Group Inc. The downgrade stemmed from the fact that the rating is dependent on the credit rating of AISLI, which was recently downgraded from AAA to AA-plus by Fitch.
Fitch Downgrades GMAC CMBS Class
August 03, 2005, 2:00 p.m. EDT 1 Min Read
