On nine First Franklin net interest margin notes, Fitch Ratings downgraded $160 million, of which almost $5 million face a potential lower rating, and placed an additional $3 million in classes on review for possible downgrade. Moody's Investors Service downgraded a $33 million class of Wachovia Bank Commercial Mortgage Trust, Series 2005-WHALE 6 because of poor performance in two of the three loans backing the deal. But four classes worth nearly $114 million of J.P. Morgan Chase Commercial Mortgage Securities Corp., Series 2006-FL2 received upgrades by Moody's because of increased credit support from the payoff of three loans and stable performance in the remaining 12 loans collateralizing the certificates.
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