Nov. 13, 2009 (Business Wire) -- Fitch Ratings has placed the following two classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., series 2001-A, on Rating Watch Negative:
--$3.4 million class E 'AAA';
--$5.1 million class F 'AA'.
The placement on Rating Watch Negative is the result of recurring interest shortfalls hitting class F and the potential of class E to also incur shortfalls. Fitch does not expect the shortfalls incurred by class F to be recovered due to the high concentration of loans (64% of the remaining pool) in special servicing.
Fitch will resolve the Rating Watch status as information on the specially serviced loans is received.
Additional information is available at www.fitchratings.com.
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