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Fitch Downgrades 1 Distressed Class of BSCMS 2007-PWR17; Affirms 21

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded one and affirmed 21 classes of Bear Stearns Commercial Mortgage Securities Trust, series 2007-PWR17 (BSCMS 2007-PWR17) commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this press release. KEY RATING DRIVERS The affirmations of the investment grade classes are due to sufficient credit enhancements to offset Fitch expected losses. Fitch modelled losses of 7.31% of the outstanding pool, of

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