DBRS Confirms the Rating of Class X-1 of Merrill Lynch Mortgage Loans Inc. Commercial Mortgage Pass-Through Certificates, Series 1999 – Canada 2.

DBRS has today confirmed the rating of Class X of Merrill Lynch Mortgage Loans Inc. Commercial Mortgage Pass-Through Certificates, Series 1999 – Canada 2.

As of the September 2010 remittance, one loan, the Whitby A&P Loan, remains in the transaction and the notional Class X-1 is the only DBRS rated class remaining in the transaction.

DBRS does not rate the first loss piece, Class G, which has a current balance of $443,943.

DBRS continues to monitor this transaction on a monthly basis and more information on the transaction or the the Whitby A&P loan, please refer to the Global CMBS Monthly Surveillance Report.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodologies are CMBS Rating Methodology and CMBS Surveillance, which can be found on our website under Methodologies.