Two classes of J.P. Morgan Commercial Mortgage Finance Corp.'s mortgage pass-through certificates, series 2000-FL1, have been downgraded by Fitch Ratings.The downgrades were as follows: class H, from B to CCC; and class J, from B-minus to CC. Fitch also affirmed the ratings on six other Fitch-rated classes in the deal and upgraded two classes. The rating agency attributed the downgrades to anticipated losses on several specially serviced loans. The certificates are currently collateralized by 10 floating-rate mortgage loans, of which five are being specially serviced by Archon Group. Fitch can be found online at http://www.fitchratings.com.
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