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FIGCovered Bonds

Fitch OKs Corealcredit Pfandbriefe on CRE detail

Fitch yesterday (Monday) affirmed at AA- and removed from negative review mortgage-backed Pfandbriefe issued by Corealcredit, one of eight issuers whose mortgage covered bonds were placed on Rating Watch negative in January because of concerns over credit risk posed by their commercial real estate exposure and limited information on collateral.

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