OREANDA-NEWS. Fitch Ratings has taken the following rating action on Chase Manhattan Marine Owner Trust 1997-A:

--Class C notes withdrawn.

KEY RATING DRIVERS

Fitch withdraws the outstanding 'AAAsf' rating on the class C notes. This is due to a high obligor concentration of only 7 obligors in total, and the limited relevance of the rating given the low pool factor (currently 0.08% through March 2015).

The note is backed by a pool of secured loans consisting of marine assets originated by Chase Manhattan Marine Finance. The outstanding class C note is 100% fully-backed by a cash reserve account totaling \$163,203. The transaction is currently being serviced by Home Caliber Loans.

RATING SENSITIVITIES

Rating Sensitivities were not conducted for this transaction due to the low pool factor and fact that the collateral is 100% fully backed by the \$163,203 reserve account, and lack of applicability of such analysis.