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Banc of America Commercial Mortgage Trust 2007-1 -- Moody's affirms five classes and downgrades three classes of BACM 2007-1

The ratings on three P&I classes, Cl. A-MFX, Cl. A-MFX2 and Cl. A-MFL, were downgraded due to the current and potential future interest shortfalls caused by the specially serviced and modified loans. The ratings on four P&I classes, Cl. A-J, Cl. B, Cl. C and Cl. D, were affirmed because the ratings are consistent with Moody's expected loss.