Rating Agencies

Rating Agency Developments

On July 11, 2016, DBRS issued a report entitled Rating U.S. Retail Auto Loan Securitizations. Report.

On July 7, 2016, S&P issued a report entitled ABS: U.S. Structured Settlement Securitizations: Methodology And Assumptions. Report.

On July 7, 2016, Kroll issued a report entitled: RMBS: U.S. RMBS Rating Methodology. Report.

Rating Agency Developments

On July 6, 2016, Moody’s published its rating methodology for European Social Housing Providers. Report.

On July 5, 2016, Fitch updated its global surveillance criteria for structured finance CDOs. Report.

On July 1, 2016, Fitch updated its criteria for rating structured finance servicers. Report.

On July 1, 2016, Fitch released updated criteria for new-issue U.S. and Canadian multiborrower CMBS. Report.

Rating Agency Developments

On June 29, 2016, Moody’s published its rating methodology for trading companies. Report.

On June 29, 2016, DBRS published its rating methodology for Canadian structured income funds. Report.

On June 29, 2016, DBRS published its rating methodology for Canadian split share companies and trusts. Report.

On June 27, 2016, DBRS published its rating methodology for Canadian airport authorities. Report.

On June 27, 2016, DBRS published its rating methodology for public universities. Report.

On June 27, 2016, DBRS published its rating methodology for entities in the real estate industry. Report.

On June 23, 2016, Moody’s published its rating methodology for companies in the global automotive supplier industry. Report.

Rating Agency Developments

On June 21, 2016, Fitch issued a report titled: Rating Non-Financial Corporates Above the Country Ceiling. Press release.

On June 20, 2016, Fitch issued a report titled: Canadian RMBS Loan Loss Model Criteria. Press release.

On June 17, 2016, Fitch issued a report titled: U.S. RMBS Surveillance and Re-REMIC Criteria. Press release.

On June 16, 2016, Fitch issued a report titled: Criteria for Rating U.S. Timeshare Loan ABS. Press release.

On June 16, 2016, Fitch issued a report titled: Criteria for Rating Caps and Limitations in Global Structured Finance Transactions. Press release.

Rating Agency Developments

On June 14, 2016, DBRS issued a report entitled: General Corporate Methodology. Report.

On June 14, 2016, DBRS issued a report entitled: DBRS Criteria: Evaluating Corporate Governance. Report.

On June 14, 2016, DBRS issued a report entitled: Rating Project Finance. Report.

On June 14, 2016, Moody’s issued a report entitled: Moody’s Approach to Rating Securities Backed by FFELP Student Loans. Report.

On June 14, 2016, Fitch issued a report entitled: Fitch Reviews Global Trading and Universal Banks. Report.

On June 13, 2016, DBRS issued a report entitled: Rating U.S. Structured Finance Transactions. Report.

On June 9, 2016, Fitch issued a report entitled: Fitch Updates Criteria for CLOs and Corporate CDOs. Report.

On June 9, 2016, Fitch issued a report entitled: Fitch Finalizing Changes to FFELP Student Loan ABS Criteria. Report.

Rating Agency Developments

On June 8, 2016, Fitch issued a report entitled: Fitch Updates Distressed Debt Exchange Rating Criteria.  Press release.

On June 7, 2016, Moody’s issued a report entitled: Global Property and Casualty Insurers.  Report.

On June 6, 2016, Kroll issued a report entitled: Methodology for Rating Interest-Only Certificates in CMBS Transactions.  Report.

On June 6, 2016, Fitch issued a report entitled: Fitch Publishes Rating Criteria for SHFA MBS Pass-Through Bonds.  Press release.

On June 6, 2016, Fitch issued a report entitled: Fitch Publishes The Annual Manual: U.S. Leveraged Finance Primer.  Press release.

On June 2, 2016, S&P issued a report entitled: ABS: North America Railcar Lease-Backed ABS Methodology And Assumptions.  Report.

Rating Agency Developments

On April 18, 2016, Fitch issued a report entitled: Fitch Updates U.S. Tax-Supported Rating Criteria. Release.

On April 15, 2016, DBRS issued a report entitled: DBRS Criteria: Commercial Paper Liquidity Support for Non-Bank Financial Issuers. Report.

On April 14, 2016, Fitch issued a report entitled: Fitch Publishes Criteria Exposure Draft for Counterparty Risk in Structured Finance and CVBs. Release.

Rating Agency Developments

On April 13, Moody’s published its approach to rating obligations with variable promises, where the source of variation is related to non-standard or non-credit-related reference factors. Report.

On April 7, Fitch published its criteria for rating tender option bonds. Report.

On April 7, Fitch published its criteria for rating Mexican residential mortgage-backed securities (RMBS). Report.

On April 7, DBRS published its criteria for rating companies in the television broadcasting industry. Report.

On April 7, DBRS published its criteria for rating companies in the radio broadcasting industry. Report.

On April 7, DBRS published its criteria for rating companies in the printing industry. Report.

On April 7, DBRS published its criteria for rating companies in the publishing industry. Report.

Rating Agency Developments

On April 6, 2016, DBRS published its methodology for rating European structured finance transactions.

On April 6, 2016, DBRS published its methodology for ratings in the forest products industry. Report.

On April 6, 2016, DBRS published its methodology for ratings in the engineering and construction industry. Report.

On April 6, 2016, DBRS published its methodology for ratings in the industrial products industry. Report.

On April 5, 2016, Fitch updated its recovery ratings and notching criteria for non-financial corporate issuers. Release.

On April 5, 2016, Fitch published an updated report on rating criteria for letter of credit supported bonds and commercial paper. Report.

On April 5, 2016, Fitch published surveillance criteria for trust preferred CDOs. Report.

On April 1, 2016, Fitch updated its EMEA RMBS rating criteria. Release.

On March 31, 2016, S&P published its methodology and assumptions for rating North American single-tenant real estate triple-net lease-backed securitizationsReport.

On March 31, 2016, Fitch updated its global criteria for rating wind power projects. Release.