Moody's Investors Service has named Nicholas Levidy and Paolo Obias managing directors in its commercial mortgage-backed securities group.Mr. Levidy joined Moody's in 1998 as a vice president/senior analyst. Before joining the credit rating agency, Mr. Levidy was a senior counsel for real estate and corporate finance with PNC Bank, according to Moody's. He will continue to report to Tad Philipp, co-head of Moody's U.S. CMBS group. Mr. Obias joined Moody's in 1997. From 1999-2001, he worked in the rating agency's Tokyo office. Prior to joining Moody's, Mr. Obias held professional positions at two Indonesian real estate firms, Moody's said. He will continue to report to Jim Duca, co-head of Moody's U.S. CMBS group. The rating agency can be found online at http://www.moodys.com.

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