Fitch Downgrades 1 Class of J.P. Morg...

Fitch Downgrades 1 Class of J.P. Morgan Chase Commercial Mortgage Securities Corp., Ser 2001-CIBC1

There are 1 comment on the Business Wire story from Jan 23, 2013, titled Fitch Downgrades 1 Class of J.P. Morgan Chase Commercial Mortgage Securities Corp., Ser 2001-CIBC1. In it, Business Wire reports that:

Fitch modeled losses of 7.1% of the remaining pool; expected losses on the original pool balance total 6%, including losses already incurred.

Join the discussion below, or Read more at Business Wire.

anon

Tupelo, MS

#1 Jan 24, 2013
The down grade is due to poor retail sales as Tupelo shopping can not sustain more restaurants and retail. Drop in quality such as mall outlet store and overbuilding without attracting high pay vocations has sent Tupelo on a tail spin.

The city is not making an environment for the young creative class. The old power structure has lost its income.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Mortgage Discussions

Title Updated Last By Comments
News Newt Gingrich's Freddie Mac Fees: Received At L... (Nov '11) Tue Merchant of Alzhe... 53
News Canada's new housing risk: uninsured mortgages Jun 12 twist 1
News Family takes possession of Habitat a soy housea (May '10) Jun 12 why not beside Ci... 3
News Hamilton mortgage broker facing more charges Jun 12 fixing 1
News The answer to the age-old question of wealth in... Jun 2 ya the 1 per cent 1
News America's consumer financial sheriff and the ho... May '17 tomin cali 1
News It's legal to get a mortgage even if you are un... May '17 Wildchild 1
More from around the web