AMAC CDO FUNDING I BONDS DOWNGRADED BY FITCH RATINGS

Date1-May-2009

AMAC CDO Funding I – Fitch Downgrade

 

In accordance with Section 10.8 of the AMAC CDO Funding I Indenture Agreement, this serves as notice from Centerline Servicing Inc. (the Collateral Manager”) to LaSalle Bank National Association (the “Trustee”) that Fitch Ratings has downgraded certain bonds issued by AMAC CDO Funding I, as described on the below Schedule 1.

 

Centerline Servicing Inc.

As Collateral Manager

 

By: Robert L. Levy

Executive Managing Director

 

Rating Agency Deal Id Deal Name Cusip Issue Name Prior Rating Current Rating

Fitch AMAC0601 AMAC CDO Funding I 9ABS87631 AMACF 2006-1A F BB CCC

Fitch AMAC0601 AMAC CDO Funding I 02261EAU3 AMACF 2006-1A E BBB- B

Fitch AMAC0601 AMAC CDO Funding I 02261EAN9 AMACF 2006-1A D2 BBB BB

Fitch AMAC0601 AMAC CDO Funding I 02261EAQ2 AMACF 2006-1A D1 BBB BB

Fitch AMAC0601 AMAC CDO Funding I 02261EAL3 AMACF 2006-1A C A BBB-

Fitch AMAC0601 AMAC CDO Funding I 02261EAG4 AMACF 2006-1A B AA BBB

Fitch AMAC0601 AMAC CDO Funding I 02261EAW9 AMACF 2006-1A A2 AAA A