Friday October 10, 6:45 pm ET NEW YORK--(BUSINESS WIRE)--Fitch Ratings downgrades and assigns a Distressed Recovery rating to the following class of Banc of America Commercial Mortgage Securities, Inc.'s (BACM) mortgage pass-through certificates, series 2007-2, as follows: In addition, Fitch affirms and assigns outlooks to the following classes: --$49.2 million class A-1 at 'AAA' Outlook Stable; --$753 million class A-2 at 'AAA' Outlook Stable; --$55 million class A-2FL at 'AAA' Outlook Stable; --$162.6 million class A-3 at 'AAA' Outlook Stable; --$61 million class A-AB at 'AAA' Outlook Stable; --$602 million class A-4 at 'AAA' Outlook Stable; --$527.7 million class A-1A at 'AAA' Outlook Stable; --$317.3 million class A-M at 'AAA' Outlook Stable; --$153.8 million class A-J at 'AAA' Outlook Stable; --$100 million class A-JFL...
[read full story]