European CMBS

Rating Agency Developments

On January 6, DBRS published its methodology for rating European commercial mortgage loans and European CMBS transactions. Report.

On January 4, DBRS published its preferred share and hybrid security criteria for corporate issuers. Report.

On January 4, DBRS published its methodology for rating holding companies and their subsidiaries. Report.

On January 4, DBRS published its methodology for rating CLOs backed by loans to European Small and Medium-Sized Enterprises (SMEs). Report.

On January 4, DBRS published its methodology for rating European RMBS transactions. Report.

On December 31, DBRS published its methodology for rating European structured finance servicers. Report.

On December 31, Moody’s published its rating methodology for investment holding companies and conglomerates. Report.

Rating Agency Developments

On February 15, Fitch published updated criteria for Latin American RMBS.  Fitch Report. 

On February 14, DBRS released its master European RMBS methodology and jurisdictional addenda.  DBRS Report. 

On February 13, S&P released its methodology and assumptions for U.S. private student loan ABS credit analysis.  S&P Report. 

On February 12, DBRS released its European CMBS surveillance criteria.  DBRS Report. 

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Rating Agency Developments

On November 8, Fitch updated its criteria for ABCP.  Fitch Report. 

On November 7, Moody’s updated its approach for incorporating GIC provider ratings in U.S. state revolving fund and pool programs.  Moody’s Report. 

On November 7, Moody’s updated its approach to incorporating GIC and swap provider ratings in HFA programs.  Moody’s Report. 

On November 7, S&P released its European CMBS methodology and assumptions.  S&P Report. 

On November 5, DBRS released its preferred share and hybrid criteria for corporate issuers (excluding financial institutions).  DBRS Report. 

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Rating Agency Developments

On March 31, DBRS released its European CMBS rating methodology. DBRS Release.

On March 31, Fitch updated its criteria for rating non-life (property/casualty), life, U.S. health/managed care, and title insurance companies. Fitch Release.

On March 28, Fitch updated is criteria on rating U.S. public power systems. Fitch Report.

On March 25, S&P revised its loss projections for U.S. RMBS backed by prime, subprime, and Alt-A collateral issued in 2005, 2006, and 2007. S&P Release.

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Rating Agency Developments

On November 10, Fitch updated its criteria for ABCP. Fitch Release.

On November 9, Moody’s released its methodology on rating U.S. public power electric utilities with generation ownership exposure. Moody’s Methodology.

On November 9, S&P released its group rating methodologies and assumptions. S&P Release.

On November 9, S&P updated its methodologies and assumptions for rating banks. S&P Release.

On November 9, S&P updated its methodology for determining a Banking Industry Country Risk Assessment (BICRA). S&P Release.

On November 8, S&P issued advance notice of proposed criteria changes for European CMBS. S&P Release.

On November 7, S&P released its ratings methodology addendum for sovereigns with limited external data. S&P Release.

On November 7, DBRS released its methodology on rating Canadian RMBS and European Master RMBS. Canadian RMBS. European RMBS.

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