Press Release|CMBS
KBRA Withdraws Ratings on 5 Interest-Only Classes from 2 Transactions
19 Dec 2024 | New York
KBRA withdraws its ratings on interest-only (IO) classes from two transactions in accordance with KBRA’s methodology for Rating Interest-Only Certificates. As of the December 2024 remittance reports each of the transactions had 10 or fewer loans remaining. There were no interest shortfalls reported on the withdrawn rated securities during their life.
The transactions and details of the withdrawn classes are as follows:
- COMM 2014-CCRE20, Class X-B, from AAA (sf) to WR (sf)
- COMM 2014-CCRE20, Class X-C, from CCC (sf) to WR (sf)
- GSMS 2014-GC26, Class X-A, from AAA (sf) to WR (sf)
- GSMS 2014-GC26, Class X-B, from AAA (sf) to WR (sf)
- GSMS 2014-GC26, Class X-C, from CC (sf) to WR (sf)