Realpoint Cmbs

April 2009

Outlook Changes for April 2009 Deal Name Banc of America Commercial Mortgage Inc. Series 2000-1

Deal ID BACM0001 BACM0001

Date of Change Apr-09 Apr-09

Class L M

Cusip 05947UAQ1 05947UAR9

To Underperform Underperform

From Perform Perform

Banc of America Commercial Mortgage Inc. Series 2001-PB1

BACM01P1 BACM01P1 BACM01P1

Apr-09 Apr-09 Apr-09

O P Q

05947UCV8 05947UCW6 05947UCX4

Underperform Underperform Underperform

Perform Perform Perform

Banc of America Commercial Mortgage Inc. Series 2004-4

BACM0404 BACM0404

Apr-09 Apr-09

G H

05947UVW5 05947UVX3

Perform Perform

Outperform Outperform

Banc of America Commercial Mortgage Inc. Series 2004-6

BACM0406

Apr-09

J

05947UZT8

Perform

Outperform

Banc of America Commercial Mortgage Inc. Series 2005-6

BACM0506 BACM0506 BACM0506

Apr-09 Apr-09 Apr-09

J K L

05947U4Q8 05947U4R6 05947U4S4

Underperform Underperform Underperform

Perform Perform Perform

Banc of America Commercial Mortgage Trust 2007-1

BACM0701 BACM0701 BACM0701 BACM0701 BACM0701 BACM0701 BACM0701

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

AJ B C D E F G

059497BB2 059497BC0 059497AB3 059497AC1 059497AD9 059497AE7 059497AF4

Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform

Banc of America Commercial Mortgage Trust 2007-2

BACM0702 BACM0702

Apr-09 Apr-09

H J

059511AY1 059511BA2

Underperform Underperform

Perform Perform

Page 1 of 17

April 2009 Deal ID BACM0703 BACM0703 BACM0703 BACM0703

Date of Change Apr-09 Apr-09 Apr-09 Apr-09

Class AJ B C D

Cusip 059512AL7 059512AM5 059512AN3 059512AP8

To Underperform Underperform Underperform Underperform

From Perform Perform Perform Perform

Banc of America Commercial Mortgage Trust 2007-4

BACM0704 BACM0704

Apr-09 Apr-09

H J

059513AY7 059513BA8

Underperform Underperform

Perform Perform

Banc of America Commercial Mortgage Trust 2008-1

BACM0801 BACM0801 BACM0801 BACM0801

Apr-09 Apr-09 Apr-09 Apr-09

K L M N

05952ABC7 05952ABE3 05952ABG8 05952ABJ2

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

Bear Stearns Commercial Mortgage Securities Series 2000-WF1

BSC00WF1 BSC00WF1

Apr-09 Apr-09

J K

07383FDF2 07383FDG0

Perform Underperform

Outperform Perform

Bear Stearns Commercial Mortgage Securities, Series 2001-TOP2

BSC01TO2

Apr-09

D

07383FFU7

Perform

Outperform

Bear Stearns Commercial Mortgage Securities Trust 2006-PWR13

BSC06P13 BSC06P13

Apr-09 Apr-09

M N

07388LAW0 07388LAX8

Underperform Underperform

Perform Perform

Bear Stearns Commercial Mortgage Securities Trust 2006-PWR14

BSC06P14 BSC06P14 BSC06P14 BSC06P14 BSC06P14 BSC06P14 BSC06P14

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

AJ B C D E F G

07388PAH4 07388PAL5 07388PAM3 07388PAN1 07388PAP6 07388PAQ4 07388PAR2

Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform

Bear Stearns Commercial Mortgage Securities Trust 2007-PWR15

BSC07P15 BSC07P15

Apr-09 Apr-09

M N

07388RAV9 07388RAW7

Underperform Underperform

Perform Perform

Deal Name Banc of America Commercial Mortgage Trust 2007-3

Page 2 of 17

April 2009 Deal ID BSC07P17 BSC07P17 BSC07P17 BSC07P17 BSC07P17 BSC07P17 BSC07P17

Date of Change Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

Class K L M N O P Q

Cusip 07388QBC2 07388QBE8 07388QBG3 07388QBJ7 07388QBL2 07388QBN8 07388QBQ1

To Underperform Underperform Underperform Underperform Underperform Underperform Underperform

From Perform Perform Perform Perform Perform Perform Perform

Bear Stearns Commercial Mortgage Securities Trust 2007-PWR18

BSC07P18 BSC07P18 BSC07P18

Apr-09 Apr-09 Apr-09

P Q S

07401DAZ4 07401DBA8 07401DBB6

Underperform Underperform Underperform

Perform Perform Perform

Bear Stearns Commercial Mortgage Securities Trust 2007-TOP26

BSC07T26 BSC07T26 BSC07T26 BSC07T26 BSC07T26 BSC07T26 BSC07T26 BSC07T26

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

E F G H J K L M

07388VAM0 07388VAN8 07388VAP3 07388VAQ1 07388VAR9 07388VAS7 07388VAT5 07388VAU2

Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform Perform

CD 2006-CD3 Mortgage Trust

CD06CD3

Apr-09

M

14986DAY6

Underperform

Perform

Cobalt CMBS Commercial Mortgage Trust 2007-C3

COB07C03 COB07C03 COB07C03 COB07C03

Apr-09 Apr-09 Apr-09 Apr-09

G H J K

19075DAT8 19075DAU5 19075DAV3 19075DAW1

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

COMM 2001-J2 Commercial Mortgage Pass-Through Certificates

COMM01J2 COMM01J2

Apr-09 Apr-09

A1F A2F

20046FAC4 20046FAG5

Outperform Outperform

Perform Perform

CS First Boston Mortgage Securities Corp., Series 2001-CF2

CSF01CF2

Apr-09

J

22540AK98

Underperform

Perform

CS First Boston Mortgage Securities Corp Series 2002-CP5

CSF02CP5 CSF02CP5

Apr-09 Apr-09

K L

22541NUT4 22541NUU1

Underperform Underperform

Perform Perform

Deal Name

Bear Stearns Commercial Mortgage Securities Trust 2007-PWR17

Page 3 of 17

April 2009 Deal Name CS First Boston Mortgage Securities Corp Series 2003-C3

Deal ID CSF03C03 CSF03C03

Date of Change Apr-09 Apr-09

Class L P

Cusip 22541QEJ7 22541QEN8

To Perform Underperform

From Outperform Perform

Credit Suisse First Boston Mortgage Securities Corp, Series 2005-C4

CSF05C04 CSF05C04 CSF05C04 CSF05C04 CSF05C04 CSF05C04 CSF05C04

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

E F H J K L M

225458P44 225458P51 225458P77 225458P85 225458P93 225458Q27 225458Q35

Perform Perform Underperform Underperform Underperform Underperform Underperform

Outperform Outperform Perform Perform Perform Perform Perform

Credit Suisse First Boston Mortgage Securities Corp Series 2005-CND1

CSF05CN1 CSF05CN1

Apr-09 Apr-09

AX1 AY

225458NC8 225458NJ3

Underperform Underperform

Perform Perform

Credit Suisse Commercial Mortgage Trust Series 2006-C3

CSM06C03 CSM06C03 CSM06C03 CSM06C03 CSM06C03

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

A1 A1A A2 A3 AAB

22545DAA5 22545DAE7 22545DAB3 22545DAD9 22545DAC1

Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform

Credit Suisse Commercial Mortgage Trust Series 2006-C5

CSM06C05 CSM06C05 CSM06C05

Apr-09 Apr-09 Apr-09

AJ B C

22545LAH2 22545LAK5 22545LAM1

Underperform Underperform Underperform

Perform Perform Perform

Credit Suisse Commercial Mortgage Trust Series 2007-C1

CSM07C01 CSM07C01 CSM07C01 CSM07C01

Apr-09 Apr-09 Apr-09 Apr-09

AJ B C D

22545XAG8 22545XAJ2 22545XAK9 22545XAL7

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

Credit Suisse Commercial Mortgage Trust Series 2007-C4

CSM07C04 CSM07C04

Apr-09 Apr-09

H J

20173TAZ8 20173TBB0

Underperform Underperform

Perform Perform

Page 4 of 17

April 2009 Deal ID CSM07C05 CSM07C05 CSM07C05 CSM07C05 CSM07C05 CSM07C05

Date of Change Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

Class B C D E F G

Cusip 22546BAK6 22546BAM2 22546BAP5 22546BAR1 22546BAT7 22546BAV2

To Underperform Underperform Underperform Underperform Underperform Underperform

From Perform Perform Perform Perform Perform Perform

Citigroup Commercial Mortgage Trust 2004-C1

CTG04C01 CTG04C01 CTG04C01 CTG04C01

Apr-09 Apr-09 Apr-09 Apr-09

L N P Q

173067AR0 173067AT6 173067AU3 173067AV1

Perform Underperform Underperform Underperform

Outperform Perform Perform Perform

Citigroup Commercial Mortgage Trust 2004-FL1

CTG04FL1 CTG04FL1

Apr-09 Apr-09

K L

173067BW8 173067BX6

Perform Underperform

Outperform Perform

Citigroup Commercial Mortgage Trust 2005-C3

CTG05C03

Apr-09

E

173067HK8

Underperform

Perform

Citigroup Commercial Mortgage Trust 2006-C4

CTG06C04 CTG06C04 CTG06C04

Apr-09 Apr-09 Apr-09

H J K

17309DAQ6 17309DAR4 17309DAS2

Underperform Underperform Underperform

Perform Perform Perform

DLJ Commercial Mortgage Corp., Series 1998-CF1

DLJ98CF1

Apr-09

B7

23322BAN8

Perform

Outperform

First Union Commercial Mortgage Trust Series 2000-C1

FUNB00C1 FUNB00C1

Apr-09 Apr-09

L M

33736XAN9 33736XAP4

Perform Underperform

Outperform Perform

First Union Commercial Mortgage Trust, Series 2001-C2

FUNB01C2

Apr-09

Q

33736XCQ0

Underperform

Perform

Greenwich Capital Commercial Funding Corp Commercial Mortgage Trust Series 2005-GG3

GCC05GG3 GCC05GG3 GCC05GG3 GCC05GG3 GCC05GG3 GCC05GG3

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

A1A A2 A3 A4 AAB AJ

396789JV2 396789JR1 396789JS9 396789JU4 396789JT7 396789JW0

Perform Perform Perform Perform Perform Perform

Outperform Outperform Outperform Outperform Outperform Outperform

Deal Name

Credit Suisse Commercial Mortgage Trust Series 2007-C5

Page 5 of 17

April 2009 Deal Name Greenwich Capital Commercial Funding Corp Commercial Mortgage Trust Series 2005-GG5

Deal ID GCC05GG5 GCC05GG5

Date of Change Apr-09 Apr-09

Class H J

Cusip 396789LX5 396789LZ0

To Underperform Underperform

From Perform Perform

Greenwich Capital Commercial Funding Corp Commercial Mortgage Trust Series 2006-GG7

GCC06GG7 GCC06GG7

Apr-09 Apr-09

B C

20173MAJ9 20173MAK6

Underperform Underperform

Perform Perform

Greenwich Capital Commercial Funding Corp Commercial Mortgage Trust 2007-GG11

GCC07G11 GCC07G11 GCC07G11

Apr-09 Apr-09 Apr-09

N O P

20173VBB5 20173VBD1 20173VBF6

Underperform Underperform Underperform

Perform Perform Perform

GE Commercial Mortgage Corporation Series 2005-C1

GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1 GECC05C1

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

D E F G H J K L M N O P

36828QKX3 36828QKY1 36828QLA2 36828QLB0 36828QLC8 36828QLD6 36828QLE4 36828QLF1 36828QLG9 36828QLH7 36828QLJ3 36828QLK0

Perform Perform Perform Perform Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Outperform Outperform Outperform Outperform Outperform Perform Perform Perform Perform Perform Perform Perform

GE Commercial Mortgage Corporation, Series 2006-C1 Trust

GECC06C1 GECC06C1 GECC06C1 GECC06C1 GECC06C1

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

L M N O P

36828QSW7 36828QSY3 36828QTA4 36828QTC0 36828QTE6

Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform

Page 6 of 17

April 2009 Deal ID GECC07C1 GECC07C1 GECC07C1 GECC07C1 GECC07C1 GECC07C1 GECC07C1 GECC07C1

Date of Change Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

Class C D E F G H J K

Cusip 36159XAL4 36159XAM2 36159XAU4 36159XAW0 36159XAY6 36159XBA7 36159XBC3 36159XBE9

To Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform

From Perform Perform Perform Perform Perform Perform Perform Perform

GMAC Commercial Mortgage Securities Series 2004-C2

GMAC04C2 GMAC04C2 GMAC04C2 GMAC04C2

Apr-09 Apr-09 Apr-09 Apr-09

H K L M

361849G71 361849G97 361849H21 361849H39

Perform Underperform Underperform Underperform

Outperform Perform Perform Perform

GMAC Commercial Mortgage Securities, Series 2005-C1

GMAC05C1

Apr-09

E

361849N73

Underperform

Perform

GMAC Commercial Mortgage Securities, Inc. Series 2006-C1 Trust

GMAC06C1 GMAC06C1 GMAC06C1 GMAC06C1 GMAC06C1 GMAC06C1

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

C D E F G H

361849R61 361849R79 361849R87 361849S29 361849S37 361849S45

Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform

GS Mortgage Securities Corporation II, Commercial Pass-Through Certificates Series 2007-GG10

GS207G10 GS207G10 GS207G10 GS207G10

Apr-09 Apr-09 Apr-09 Apr-09

B C D E

36246LAJ0 36246LAK7 36246LAL5 36246LAM3

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

Heller Financial Commercial Mortgage Asset Corp Series 1999-PH1

HMAC99P1 HMAC99P1

Apr-09 Apr-09

K L

42332QAM5 42332QAN3

Underperform Underperform

Perform Perform

JP Morgan Chase Comm Mtge Sec Corp, Commercial Mortgage PTC, Series 2002-C2

JPC02C02 JPC02C02 JPC02C02

Apr-09 Apr-09 Apr-09

M N NR

46625MQA0 46625MQB8 46625MQC6

Underperform Underperform Underperform

Perform Perform Perform

Deal Name

GE Commercial Mortgage Corporation Series 2007-C1 Trust

Page 7 of 17

April 2009 Deal ID JPC04C03 JPC04C03 JPC04C03 JPC04C03 JPC04C03 JPC04C03 JPC04C03 JPC04C03

Date of Change Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

Class D E F G H J K L

Cusip 46625YFD0 46625YFE8 46625YFH1 46625YFJ7 46625YFK4 46625YFL2 46625YFM0 46625YFN8

To Perform Perform Perform Perform Perform Underperform Underperform Underperform

From Outperform Outperform Outperform Outperform Outperform Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Corp, Series 2005-CIBC12

JPC05C12 JPC05C12 JPC05C12

Apr-09 Apr-09 Apr-09

C D E

46625YQY2 46625YQZ9 46625YRB1

Underperform Underperform Underperform

Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Corp Series 2005-CIBC13

JPC05C13 JPC05C13

Apr-09 Apr-09

D E

46625YWD1 46625YWJ8

Underperform Underperform

Perform Perform

JP Morgan Chase Commercial Mortgage Securities Corp Series 2005-LDP3

JPC05LD3 JPC05LD3 JPC05LD3 JPC05LD3 JPC05LD3 JPC05LD3

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

B C D E F G

46625YSN4 46625YSP9 46625YSQ7 46625YST1 46625YSU8 46625YSV6

Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Corp, Series 2005-LDP4

JPC05LD4 JPC05LD4 JPC05LD4

Apr-09 Apr-09 Apr-09

AJ K L

46625YUE1 46625YVB6 46625YVD2

Perform Underperform Underperform

Outperform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC14

JPC06C14 JPC06C14 JPC06C14 JPC06C14 JPC06C14

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

C D E F G

46625YA60 46625YA78 46625YC68 46625YC76 46625YC84

Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform

Deal Name

JP Morgan Chase Commercial Mortgage Securities Corp Series 2004-C3

Page 8 of 17

April 2009 Deal ID JPC06C15 JPC06C15 JPC06C15

Date of Change Apr-09 Apr-09 Apr-09

Class AJ B C

Cusip 46627QBD9 46627QBG2 46627QBH0

To Underperform Underperform Underperform

From Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16

JPC06C16

Apr-09

F

46629GAR9

Underperform

Perform

JP Morgan Chase Commercial Mortgage Securities Corp, Series 2006-LDP6

JPC06LD6

Apr-09

D

46625YQ63

Underperform

Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2006-LDP8

JPC06LD8 JPC06LD8 JPC06LD8

Apr-09 Apr-09 Apr-09

H J K

46629MAW5 46629MAX3 46629MAY1

Underperform Underperform Underperform

Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2007-CIBC18

JPC07C18 JPC07C18

Apr-09 Apr-09

E F

46629YAQ2 46629YAR0

Underperform Underperform

Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2007-CIBC19

JPC07C19 JPC07C19 JPC07C19

Apr-09 Apr-09 Apr-09

D E F

46630VAQ5 46630VAR3 46630VAS1

Underperform Underperform Underperform

Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2007-CIBC20

JPC07C20 JPC07C20 JPC07C20

Apr-09 Apr-09 Apr-09

H J K

46631QAZ5 46631QBB7 46631QBD3

Underperform Underperform Underperform

Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2007-LDP11

JPC07L11 JPC07L11 JPC07L11 JPC07L11

Apr-09 Apr-09 Apr-09 Apr-09

C D E F

46631BAM7 46631BAN5 46631BAP0 46631BAQ8

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2007-LDP12

JPC07L12 JPC07L12

Apr-09 Apr-09

K L

46632HAY7 46632HBA8

Underperform Underperform

Perform Perform

JP Morgan Chase Commercial Mortgage Securities Trust 2008-C2

JPC08C02

Apr-09

AM

46632MCJ7

Underperform

Perform

Lehman Brothers Floating Rate Commercial Mortgage Trust 2007-LLF C5

LBFR07C5 LBFR07C5

Apr-09 Apr-09

H J

52524NAY3 52524NBA4

Underperform Underperform

Perform Perform

Deal Name JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC15

Page 9 of 17

April 2009 Deal Name LB-UBS Commercial Mortgage Trust, Series 2000-C4

Deal ID LBUB00C4

Date of Change Apr-09

Class J

Cusip 52108HBT0

To Underperform

From Perform

LB-UBS Commercial Mortgage Trust, Series 2000-C5

LBUB00C5

Apr-09

H

52108HCJ1

Underperform

Perform

LB-UBS Commercial Mortgage Trust Series 2001-C2

LBUB01C2 LBUB01C2

Apr-09 Apr-09

J K

52108HDQ4 52108HDR2

Underperform Underperform

Outperform Perform

LB-UBS Commercial Mortgage Trust, Series 2002-C2

LBUB02C2

Apr-09

S

52108HKS2

Underperform

Perform

LB-UBS Commercial Mortgage Trust SERIES 2002-C4

LBUB02C4 LBUB02C4

Apr-09 Apr-09

T U

52108HMJ0 52108HML5

Underperform Underperform

Perform Perform

LB-UBS Commercial Mortgage Trust, Series 2002-C7

LBUB02C7

Apr-09

U

52108HNR1

Underperform

Perform

LB-UBS Commercial Mortgage Trust 2004-C6

LBUB04C6 LBUB04C6 LBUB04C6

Apr-09 Apr-09 Apr-09

M N T

52108HM27 52108HM43 52108HN42

Perform Perform Underperform

Outperform Outperform Perform

LB-UBS Commercial Mortgage Trust 2004-C7

LBUB04C7 LBUB04C7 LBUB04C7 LBUB04C7 LBUB04C7

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

K L N P Q

52108HQ98 52108HR22 52108HR48 52108HR55 52108HR63

Perform Perform Underperform Underperform Underperform

Outperform Outperform Perform Perform Perform

LB-UBS Commercial Mortgage Trust 2005-C1

LBUB05C1

Apr-09

P

52108H2J2

Underperform

Perform

LB-UBS Commercial Mortgage Trust 2005-C2

LBUB05C2 LBUB05C2 LBUB05C2 LBUB05C2 LBUB05C2 LBUB05C2 LBUB05C2

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

G H J L M N P

52108H3R3 52108H3S1 52108H3T9 52108H3V4 52108H3W2 52108H3X0 52108H3Y8

Perform Perform Perform Underperform Underperform Underperform Underperform

Outperform Outperform Outperform Perform Perform Perform Perform

LB-UBS Commercial Mortgage Trust 2006-C1

LBUB06C1

Apr-09

G

52108MDS9

Underperform

Perform

Page 10 of 17

April 2009

Deal Name LB-UBS Commercial Mortgage Trust 2006-C3

Deal ID LBUB06C3 LBUB06C3

Date of Change Apr-09 Apr-09

Class K L

Cusip 52108MGF4 52108MGG2

To Underperform Underperform

From Perform Perform

LB-UBS Commercial Mortgage Trust 2006-C4

LBUB06C4 LBUB06C4

Apr-09 Apr-09

S T

52108RBK7 52108RBM3

Underperform Underperform

Perform Perform

LB-UBS Commercial Mortgage Trust 2007-C1

LBUB07C1 LBUB07C1 LBUB07C1

Apr-09 Apr-09 Apr-09

AJ B C

50179AAH0 50179AAJ6 50179AAK3

Underperform Underperform Underperform

Perform Perform Perform

LB-UBS Commercial Mortgage Trust 2007-C2

LBUB07C2 LBUB07C2 LBUB07C2 LBUB07C2

Apr-09 Apr-09 Apr-09 Apr-09

F G H J

50180JAM7 50180JAR6 50180JAS4 50180JAT2

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

ML-CFC Commercial Mortgage Trust 2006-4

MLCF0604 MLCF0604 MLCF0604 MLCF0604 MLCF0604 MLCF0604 MLCF0604

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

AJ AJFL B C D E F

55312VAK4 55312VAL2 55312VAM0 55312VAN8 55312VAP3 55312VAR9 55312VAS7

Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform

Merrill Lynch Mortgage Trust, Series 2004-BPC1

MLT04BP1 MLT04BP1 MLT04BP1 MLT04BP1 MLT04BP1 MLT04BP1 MLT04BP1 MLT04BP1 MLT04BP1

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

D E F G H L M N P

59022HFB3 59022HFE7 59022HFF4 59022HFG2 59022HFH0 59022HFL1 59022HFM9 59022HFN7 59022HFP2

Perform Perform Perform Perform Perform Underperform Underperform Underperform Underperform

Outperform Outperform Outperform Outperform Outperform Perform Perform Perform Perform

Page 11 of 17

April 2009 Deal ID MLT05LC1 MLT05LC1 MLT05LC1 MLT05LC1

Date of Change Apr-09 Apr-09 Apr-09 Apr-09

Class J K L M

Cusip 59022HNN8 59022HNP3 59022HNQ1 59022HNR9

To Underperform Underperform Underperform Underperform

From Perform Perform Perform Perform

Merrill Lynch Mortgage Trust 2005-MKB2

MLT05MK2 MLT05MK2 MLT05MK2

Apr-09 Apr-09 Apr-09

L M Q

59022HGV8 59022HGW6 59022HGZ9

Perform Perform Underperform

Outperform Outperform Perform

Merrill Lynch Mortgage Trust 2006-C2

MLT06C02 MLT06C02

Apr-09 Apr-09

G H

59022KAN5 59022KAP0

Underperform Underperform

Perform Perform

Merrill Lynch Mortgage Trust 2007-C1

MLT07C01

Apr-09

F

59025KAT9

Underperform

Perform

Merrill Lynch Mortgage Trust 2008-C1

MLT08C01 MLT08C01 MLT08C01 MLT08C01

Apr-09 Apr-09 Apr-09 Apr-09

N P Q S

59025WBB1 59025WBC9 59025WBD7 59025WBE5

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

Morgan Stanley Capital I Trust,commercial Mortgage Pass-Through Certificates Series 2003-IQ4, Excluding TNA To TNE

MSC03IQ4 MSC03IQ4

Apr-09 Apr-09

N O

61745MQH9 61745MQJ5

Underperform Underperform

Perform Perform

Morgan Stanley Capital I, Comm Mtge Pass Through Certificates, Series 2004-HQ4

MSC04HQ4 MSC04HQ4 MSC04HQ4 MSC04HQ4 MSC04HQ4

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

J N O P Q

61745MU68 61745MV26 61745MV34 61745MV42 61745MV59

Perform Underperform Underperform Underperform Underperform

Outperform Perform Perform Perform Perform

Morgan Stanley Capital I Trust 2005-HQ6

MSC05HQ6 MSC05HQ6

Apr-09 Apr-09

P Q

61745M7A5 61745M7B3

Underperform Underperform

Perform Perform

Deal Name Merrill Lynch Mortgage Trust 2005-LC1

Page 12 of 17

April 2009 Deal ID MSC05HQ7 MSC05HQ7 MSC05HQ7 MSC05HQ7 MSC05HQ7

Date of Change Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

Class L M N O P

Cusip 617451CD9 617451CE7 617451CF4 617451CG2 617451CH0

To Underperform Underperform Underperform Underperform Underperform

From Perform Perform Perform Perform Perform

Morgan Stanley Capital I 2005-IQ10

MSC05I10 MSC05I10 MSC05I10 MSC05I10 MSC05I10 MSC05I10 MSC05I10

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

J K L M N O P

617451AW9 617451AX7 617451AY5 617451AZ2 617451BA6 617451BB4 617451BC2

Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform

Morgan Stanley Capital I Trust Series 2005-IQ9

MSC05IQ9 MSC05IQ9

Apr-09 Apr-09

K L

61745M2V4 61745M2W2

Underperform Underperform

Perform Perform

Morgan Stanley Capital I Trust 2006-HQ10

MSC06H10 MSC06H10 MSC06H10 MSC06H10

Apr-09 Apr-09 Apr-09 Apr-09

M N O P

61750HAV8 61750HAW6 61750HAX4 61750HAY2

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

Morgan Stanley Capital I Trust 2006-HQ8

MSC06HQ8

Apr-09

H

617451FX2

Underperform

Perform

Morgan Stanley Capital I Trust 2006-HQ9

MSC06HQ9 MSC06HQ9 MSC06HQ9 MSC06HQ9 MSC06HQ9

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

K L M N O

61750CAV9 61750CAW7 61750CAX5 61750CAY3 61750CAZ0

Perform Perform Perform Perform Perform

Underperform Underperform Underperform Underperform Underperform

Morgan Stanley Capital I Trust 2006-IQ12

MSC06I12 MSC06I12

Apr-09 Apr-09

AJ B

61750WAZ6 61750WBA0

Underperform Underperform

Perform Perform

Deal Name

Morgan Stanley Capital I Trust 2005-HQ7

Page 13 of 17

April 2009 Deal ID MSC07H11 MSC07H11 MSC07H11

Date of Change Apr-09 Apr-09 Apr-09

Class G H J

Cusip 61751NAQ5 61751NAR3 61751NAS1

To Underperform Underperform Underperform

From Perform Perform Perform

Morgan Stanley Capital I Trust 2007-IQ14

MSC07I14 MSC07I14 MSC07I14 MSC07I14

Apr-09 Apr-09 Apr-09 Apr-09

AJFL B C D

61754KBH7 61754KAJ4 61754KAN5 61754KAP0

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

Morgan Stanley Capital I Trust 2007-IQ16

MSC07I16 MSC07I16 MSC07I16 MSC07I16 MSC07I16

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

H J K L M

61756UAU5 61756UAV3 61756UAW1 61756UAX9 61756UAY7

Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform

Morgan Stanley Capital I Trust 2007-TOP27

MSC07T27 MSC07T27 MSC07T27 MSC07T27 MSC07T27 MSC07T27 MSC07T27 MSC07T27

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

G H J K L M MF N

61754JAQ1 61754JAR9 61754JAS7 61754JAT5 61754JAU2 61754JAV0 MSCAE0071 61754JAW8

Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform Perform

Morgan Stanley Dean Witter Capital I Series 2001-TOP1

MSDW01T1 MSDW01T1

Apr-09 Apr-09

F G

61746WFS4 61746WFT2

Perform Underperform

Outperform Perform

Morgan Stanley Dean Witter Capital I, Series 2001-TOP3

MSDW01T3 MSDW01T3 MSDW01T3

Apr-09 Apr-09 Apr-09

J K L

61746WHR4 61746WHS2 61746WHT0

Underperform Underperform Underperform

Outperform Outperform Perform

Prudential Commercial Mortgage Trust, Series 2003-PWR1

PCM03PW1

Apr-09

P

74432GAS6

Underperform

Perform

Real Estate Asset Liquidity Trust Comm Mtge Pass-Through Certificates, Series 2006-3

REAL0603

Apr-09

M

75585RGS8

Underperform

Perform

Deal Name Morgan Stanley Capital I Trust 2007-HQ11

Page 14 of 17

April 2009 Deal Name Salomon Brothers Mortgage Securities VII Series 2000-C2

Deal ID SBM700C2 SBM700C2

Date of Change Apr-09 Apr-09

Class F G

Cusip 79548K4S4 79548K4T2

To Perform Underperform

From Outperform Perform

Salomon Brothers Mortgage Securities VII, Mortgage Pass-Through Certificates Series 2001-C2

SBM701C2 SBM701C2

Apr-09 Apr-09

L N

79549AJW0 79549AJY6

Perform Underperform

Outperform Perform

Wachovia Bank Commercial Mortgage Trust, Series 2004-WHALE 4

WBC04W04 WBC04W04 WBC04W04

Apr-09 Apr-09 Apr-09

J K RC

929766VK6 929766VM2 929766WF6

Underperform Underperform Underperform

Perform Perform Perform

Wachovia Bank Commercial Mortgage Trust, Series 2005-C22

WBC05C22 WBC05C22 WBC05C22

Apr-09 Apr-09 Apr-09

O P Q

92976BCN0 92976BCQ3 92976BDA7

Underperform Underperform Underperform

Perform Perform Perform

Wachovia Bank Commercial Mortgage Trust Series 2006-C23

WBC06C23 WBC06C23 WBC06C23 WBC06C23

Apr-09 Apr-09 Apr-09 Apr-09

H J K L

92976BEJ7 92976BEL2 92976BEN8 92976BEQ1

Underperform Underperform Underperform Underperform

Perform Perform Perform Perform

Wachovia Bank Commercial Mortgage Trust Series 2006-C24

WBC06C24 WBC06C24 WBC06C24 WBC06C24 WBC06C24 WBC06C24 WBC06C24 WBC06C24 WBC06C24 WBC06C24

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

G H J K L M N O P Q

92976BGE6 92976BGG1 92976BGJ5 92976BGL0 92976BGN6 92976BGQ9 92976BGS5 92976BGU0 92976BGW6 92976BGY2

Perform Perform Perform Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Outperform Outperform Outperform Outperform Perform Perform Perform Perform Perform Perform

Wachovia Bank Commercial Mortgage Trust Series 2006-C25

WBC06C25 WBC06C25

Apr-09 Apr-09

Q S

92976VBM9 92976VBP2

Underperform Underperform

Perform Perform

Page 15 of 17

April 2009 Deal ID WBC06C26 WBC06C26 WBC06C26 WBC06C26

Date of Change Apr-09 Apr-09 Apr-09 Apr-09

Class E F G H

Cusip 92976UAA8 92976UAC4 92976UAE0 92976UAG5

To Underperform Underperform Underperform Underperform

From Perform Perform Perform Perform

Wachovia Bank Commercial Mortgage Trust, Series 2006-C27

WBC06C27 WBC06C27 WBC06C27 WBC06C27 WBC06C27 WBC06C27 WBC06C27 WBC06C27 WBC06C27 WBC06C27 WBC06C27

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

E F G H J K L M N O P

92977QAM0 92977QAP3 92977QAQ1 92977QAR9 92977QAS7 92977QAT5 92977QAU2 92977QAV0 92977QAW8 92977QAX6 92977QAY4

Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform Perform Perform Perform Perform

Wachovia Bank Commercial Mortgage Trust, Series 2007-C30

WBC07C30 WBC07C30 WBC07C30 WBC07C30 WBC07C30 WBC07C30 WBC07C30

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

AJ B C D E F G

92978QAJ6 92978QAK3 92978QAL1 92978QAM9 92978QAN7 92978QAP2 92978QAR8

Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform

Wachovia Bank Commercial Mortgage Trust Series 2007-C31

WBC07C31 WBC07C31 WBC07C31 WBC07C31 WBC07C31 WBC07C31 WBC07C31 WBC07C31 WBC07C31 WBC07C31

Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09 Apr-09

G H J K L M N O P Q

92978TAW1 92978TAY7 92978TBA8 92978TBC4 92978TBE0 92978TBG5 92978TBJ9 92978TBL4 92978TBN0 92978TBQ3

Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform Underperform

Perform Perform Perform Perform Perform Perform Perform Perform Perform Perform

Deal Name Wachovia Bank Commercial Mortgage Trust Series 2006-C26

Page 16 of 17

April 2009 Deal Name Wachovia Bank Commercial Mortgage Trust, Series 2007-C33

Deal ID WBC07C33

Date of Change Apr-09

Class K

Cusip 92978NAX2

To Underperform

From Perform

Washington Mutual Asset Securities Corp Commerical Mortgage Backed Securities Series 2005-C1

WMA05C01 WMA05C01 WMA05C01 WMA05C01

Apr-09 Apr-09 Apr-09 Apr-09

H L M N

93934DCE5 93934DCH8 93934DCJ4 93934DCK1

Perform Underperform Underperform Underperform

Outperform Perform Perform Perform

Copyright © 2009 Realpoint LLC The material contained herein (the “Material”) is being distributed in the United States by Realpoint LLC (“Realpoint”). Realpoint makes no representation as to its accuracy, timeliness or completeness and does not undertake to update any information or opinions contained in the Material. The Material is published solely for information purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or derivative. The Material is not to be construed as providing investment services in any state, country or jurisdiction. From time to time, Realpoint, its affiliates and subsidiaries and/or their officers and employees may perform other services for companies mentioned in the Material. Opinions expressed herein may differ from the opinions expressed by other divisions of Realpoint, its affiliates and subsidiaries. The Material has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of the Material and investments discussed may not be suitable for all investors. Investors should seek financial advice regarding the suitability of investing in any securities or following any investment strategies discussed in the Material. Past performance is not indicative of future returns. Certain assumptions may have been made in preparing the Material that has resulted in certain returns detailed herein and any changes thereto may have a material impact on any returns detailed. No representation is made that any returns detailed herein will be achieved. If an investment is denominated in a currency other than the investor's currency, changes in the rates of exchange may have an adverse effect on value, price or income. Realpoint LLC, 410 Horsham Road, Suite A, Horsham, PA 19044 (800) 299-1665 Page 17 of 17