OVERVIEW We have reviewed the performance of UniCredit Bank's Building Comfort 2008 transaction. We have raised our ratings on the class D+ and E+ notes due to increased credit support. Applying our 2010 counterparty criteria, we have also lowered and removed from CreditWatch negative our ratings on the class A+, B+, and C+ notes. Finally, we have affirmed our rating on the class F notes as we consider the current credit enhancement to be commensurate with the creditworthiness of these notes. Building Comfort 2008 is a synthetic, partially funded German RMBS transaction issued by UniCredit Bank. FRANKFURT (Standard&Poor's) July 4, 2011--Standard&Poor's Ratings Services today raised its credit ratings on UniCredit Bank AG's Building Comfort 2008's class
