NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms four classes of Capital Trust RE CDO 2004-1 (Capital Trust 2004-1). A detailed list of rating actions follows at the end of this release. Fitch is considering withdrawing the ratings on this transaction due to the lack of relevancy to the agency's coverage combined with commercial reasons. The notes are significantly under collateralized. As reflected in the notes' current ratings at 'Dsf' and 'Csf', default has occurred or is inevitable at legal