Springfield City Guide

Fitch Places 20 Classes of UBS 2007-FL1 on Rating Watch Negative

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has placed 20 classes of UBS Commercial Mortgage Trust series 2007-FL1, commercial mortgage pass-through certificates on Rating Watch Negative. A detailed list of rating actions follows at the end of this press release. The Negative Watch is due to the deteriorating performance of many loans in the pool. The pool has a high concentration of hotel loans at approximately 45% which have been severely affected by the economic downturn. Many of the loans were m

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Fitch Places 20 Classes of UBS 2007-FL1 on Rating Watch Negative

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