Moody's Eyes CSFB CMBS

Seven classes of Credit Suisse First Boston Mortgage Securities Corp. commercial mortgage pass-through certificates, series 2001-FL2, are being reviewed for possible downgrade by Moody's Investors Service.The affected certificates are classes G, H, J, K, L, M, and N. The actions stemmed from interest shortfalls caused by the Main Street 200/300 Office Building Loan and expected losses on the liquidation of the San Tomas Business Park Loan, the rating agency said. "As of the June 2004 distribution date, the master servicer will no longer advance principal and interest on the Main Street Loan, which is expected to cause interest shortfalls on classes J, K, L, M and N," Moody's said.

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