JPMorgan CMBS Classes Downgraded

Two classes of J.P. Morgan Commercial Mortgage Finance Corp.'s mortgage pass-through certificates, series 1998-C6, have been downgraded by Fitch Ratings.Class G was downgraded from B-minus to CCC and removed from Rating Watch Negative, and class H was downgraded from CCC to CC. Fitch also upgraded one class in the deal, affirmed the ratings on six other classes, and affirmed the rating on a seventh, class F, and removed it from Rating Watch Negative. The rating agency attributed the downgrades to expected losses on three specially serviced loans: a hotel in Honolulu, a hotel in San Mateo, Calif., and an industrial property in Dallas.

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