DBRS Confirms the Ratings of Two Falcon Trust CMBS Transactions

Ratings

• Falcon Trust, Series 2002-SMU

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2002-SMU, Class A	AAA (sf)	Stb	Confirmed	US
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2002-SMU, Class B	AAA (sf)	Stb	Confirmed	US
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2002-SMU, Class C	AAA (sf)	Stb	Confirmed	US
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2002-SMU, Class X	AAA (sf)	Stb	Confirmed	US
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2002-SMU, Class D	BBB (sf)	Stb	Confirmed	US

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• Falcon Trust, Series 2003-SMU

  Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2003-SMU, Class B	AAA (sf)	Stb	Confirmed	US
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2003-SMU, Class C	AAA (sf)	Stb	Confirmed	US
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2003-SMU, Class X	AAA (sf)	Stb	Confirmed	US
  24-Dec-10	Commercial Mortgage Pass-Through Certificates, Series 2003-SMU, Class D	BBB (sf)	Stb	Confirmed	US

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