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Sunday, 26 December 1999

Fitch Affirms Ratings of RTC CMBS Issue After Reserve Is Tapped

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December 27, 1999

NEW YORK – Fitch IBCA has affirmed ratings of Resolution Trust Corp., 1991-M6.

The action follows the release of $11.9 million from the issue's reserve fund to cover certain losses allocated to the issue's Class-B certificates. The reserve fund now stands at $129.9 million. At issue, it was $165.6 million.

Following is a list of the classes rated by Fitch IBCA:
$56.6 million class A-1, $20.1 million class A-2, and $525,755 class A-3 are rated double-A-plus; $10.4 million class B-1 and $7.7 million class B-2 are rated A.

One loan in the issue, representing 0.15% of the pool, is currently delinquent.

As of the November 1999 distribution date, the cumulative amount of realized losses allocated to the Class B certificates equaled $11.9 million. Of this amount, $4.2 million reflects cumulative realized losses allocated to the Class B-1 certificates and $7.7 million reflects cumulative realized losses allocated to the Class B-2 certificates up to the outstanding certificate balance of the Class B-2 certificates.


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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Commercial MBS (CMBS)
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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