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LOMAS & NETTLETON MORTGAGE INVESTORS SUBORDINATED NOTES LOWERED TO 'D' BY FITCH -- FITCH FINANCIAL WIRE --

 LOMAS & NETTLETON MORTGAGE INVESTORS SUBORDINATED NOTES LOWERED
 TO 'D' BY FITCH -- FITCH FINANCIAL WIRE --
 NEW YORK, JUNE 9 /PRNewswire/ -- Lomas & Nettleton Mortgage Investors 10.5 percent subordinated notes due 1993 are downgraded to 'D' from 'CC' by Fitch. The downgrade reflects the company's missed interest payment due on June 1, 1992, on the $100 million of notes outstanding.
 -0- 6/9/92
 /CONTACT: Teri L. Seelig of Fitch, 212-908-0638/
 (LOM) CO: Lomas & Nettleton Mortgage Investors ST: Texas IN: FIN SU: RTG


LR -- NY053 -- 8428 06/09/92 14:59 EDT
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Publication:PR Newswire
Date:Jun 9, 1992
Words:90
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