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S&P takes negative action on WuerttHyp 2001-1

Following a prior downgrade action by Standard & Poor's on the rating of Hypothekenbank subsidiary Wuerttembergische Hypothekenbank's senior unsecured paper to A-minus, the Class C notes of WuerttHyp 2001-1 CMBS were recently downgraded to A-minus from A.

According to the S&P report on the downgrade, the Wuertt-Hyp 2001-1 transaction...

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