Fitch Withdraws Ratings on Distressed Classes of LB-UBS 2005-C2
KEY RATING DRIVERS
The remaining bonds in the transaction have incurred realized losses and are currently rated 'Dsf'. Transactions with only defaulted ratings are withdrawn by Fitch as they are considered no longer relevant to the agency's coverage.
RATING SENSITIVITIES
The classes are withdrawn as they have incurred realized losses.
DUE DILIGENCE USAGE
No third party due diligence was provided or reviewed in relation to this rating action.
Fitch withdraws the ratings on the following classes:
--\\$20,087,000 class E;
--\\$0 class F;
--\\$0 class G;
--\\$0 class H;
--\\$0 class J;
--\\$0 class K;
--\\$0 class L;
--\\$0 class M.
At the time of withdrawal the above classes were all rated 'Dsf/RE 0%'.
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