Twenty-five classes from two Hometown Commercial Capital Trust commercial small-balance transactions have been downgraded and removed from Rating Watch Negative by Fitch Ratings. Fitch also assigned Distressed Recovery ratings to the 25 classes and affirmed the ratings on two classes from the two commercial mortgage-backed securities deals, Hometown Commercial Capital Trust 2006-1 and 2007-1. The downgrades were attributed to expected losses on loans in special servicing and "a large concentration of loans that Fitch has identified as loans of concern."
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