Two classes from two small-balance commercial mortgage-backed securities deals issued by of CBA Commercial Assets LLC have been downgraded by Fitch Ratings. Class M-5 of series 2004-1 was downgraded from BB to B, and class M-6 of series 2007-1 was downgraded from BB-plus to BB-minus. Class M-5 of series 2007-1 was placed on Rating Watch Negative, and the ratings of 13 other classes in the two deals were affirmed. The negative rating actions were attributed to an increase in specially serviced loans and loss expectations.
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