Rating Agency Developments

On March 25, Moody’s released its approach to rating RMBS using the MILAN framework.  Moody’s Report.

On March 25, Moody’s released its approach to assessing incremental risk posed by ability to repay rules in US RMBSMoody’s Report.

On March 24, DBRS released its modified methodology for rating European Structured Finance transactions.  DBRS Report.

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Rating Agency Developments

On March 6, Moody’s released its updated methodology for rating CDOs backed by structured finance assetsMoody’s Report.

On March 5, Fitch released its criteria for granular corporate balance-sheet securitizations (SME CLOs).  Fitch Report.

On March 3, DBRS released its U.S. RMBS securities model and rating methodology.  DBRS Report.

On March 3, DBRS released its methodology for rating U.S. private student loan securitizationsDBRS Report.

On March 3, DBRS released its methodology for rating U.S. federal family education loan program (FFELP) securitizations.  DBRS Report.

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Rating Agency Developments

On January 30, Fitch released its criteria for rating structured finance servicers of various products, including RMBS, CMBS and ABSFitch Report.

On January 30, Fitch released its criteria for rating operational risk of U.S. servicers of RMBS and small balance commercial securities (SBC). Fitch Report. 

On January 30, Moody’s released its methodology for rating securitizations backed by loans granted to small- and medium-sized enterprises (SMEs). Moody’s Report.

On January 30, DBRS released its methodology for rating European covered bonds. DBRS Report.

On January 29, Fitch released its criteria for rating U.S. private student loan ABS. Fitch Report.

On January 29, DBRS released its criteria setting forth the financial ratios and accounting treatments used to analyze non-financial companies. DBRS Report.

On January 28, Fitch released its criteria for rating non-performing loan (NPL) securitizations. Fitch Report.

On January 27, Fitch released its criteria for rating variable-rate demand obligations (VRDOs) and commercial paper (CP) issued with external liquidity support. Fitch Report.

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Rating Agency Developments

On January 23, Fitch released its criteria for analyzing interest rate stresses in structured finance transactions and covered bondsFitch Report.

On January 22, DBRS released its methodology for rating wind power projectsDBRS Report.

On January 22, DBRS released its methodology for rating solar power projectsDBRS Report.

On January 22, S&P released its methodology for rating Japanese CMBSS&P Report.

On January 22, Fitch released an exposure draft seeking comments for sovereign risk impact on rating structured finance and covered bondsFitch Report.

On January 21, DBRS released its request for comment for rating supranational institutionsDBRS Report.

On January 21, DBRS released its cash flow assumptions for rating CLOs and CDOs backed by corporate debt.  DBRS Report.

On January 21, DBRS released its methodology for rating CLOs and CDOs backed by large corporate debtDBRS Report.

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Rating Agency Developments

On January 15, DBRS released its methodology for rating asset management companies.  DBRS Report.

On January 13, Fitch released its criteria for rating dealer floorplan ABSFitch Report.

On January 13, Fitch released its criteria for rating global money market fundsFitch Report.

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Rating Agency Developments

On December 24, S&P released its methodology for rating U.S. RMBS Synthetic Risk TransfersS&P Report.

On December 23, S&P released its methodology for rating U.S. RMBS surveillance credit and cash flow analysis for pre-2009 originationsS&P Report.

On December 19, DBRS released its methodology for preferred shares and hybrids for corporate issuers other than financial institutions.  DBRS Report.

On December 17, Moody’s released its methodology for rating ABS backed by equipment leases and loansMoody’s Report.

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Rating Agency Developments

On December 2, Moody’s released its updated approach to rating Europe, Middle East and Africa CMBS.  Moody’s Report.

On December 2, DBRS released its methodology for rating U.S. credit card ABSDBRS Report.

On November 28, DBRS released its operational risk assessment procedures for servicers of European Structured Finance (ESF) products.  DBRS Report.

On December 5, Kroll released its request for comment on its proposed methodology for assessing non-Qualified Mortgage risk in U.S. RMBS.  Kroll Request.

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Rating Agency Developments

On November 13, Moody’s released its FHA-VA RMBS surveillance methodology.  Moody’s Report.

On November 12, Moody’s released its approach to assessing swap counterparties in cash flow transactions.  Moody’s Report.

On November 12, DBRS released its rating methodology for assessing European residential mortgage portfolios.  DBRS Report.

On November 11, Moody’s released its approach to rating Japanese RMBS transactions.  Moody’s Report.

On November 11, S&P released its RMBS methodology for rating condominium investment loan securitizations in Japan.  S&P Report.

Rating Agency Developments

On November 6, Moody’s released its U.S. RMBS surveillance methodology.  Moody’s Report.

On November 6, Moody’s released its approach to rating RMBS using the ‘MILAN‘ (Moody’s Individual Loan Analysis) framework.  Moody’s Report.

On November 6, DBRS released its criteria for rating Canadian credit card securitizations.  DBRS Report.

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