Rating Agency Developments

On June 13, Moody’s announced that its private student loan default rate index will continue to decline.   Moody’s Report.

On June 13, Fitch announced that it has taken various conforming rating actions on enhanced municipal bonds and tender option bonds (TOBs).  Fitch Report.

On June 12, Moody’s released its approach for rating derivative product companiesMoody’s Report.

On June 11, DBRS released its general corporate rating methodologyDBRS Report.

On June 10, S&P released its request for comment on rating counterparty risk in terminating transactionsS&P Release.

On June 10, Fitch released its criteria for commercial mortgage-backed securities and loans in EMEAFitch Report.

On June 9, Fitch released its criteria for rating U.S. timeshare loan asset-backed securitiesFitch Report.

On June 9, Fitch released its criteria for rating future flow securitizationsFitch Report.

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Rating Agency Developments

On April 28, Moody’s released a request for comment on proposed changes to its global credit card ABS rating approach.  Comments must be submitted by June 9.  Moody’s Report.

On April 22, Moody’s released its methodology for rating obligations with variable promisesMoody’s Report.

On April 22, Kroll released its RMBS rating methodology for assessing Non-QM RiskKroll Report.

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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 February 14, Fitch released its criteria for rating U.S. commercial mortgage servicersFitch Report.

On February 13, Fitch released its criteria for rating RMBS in Latin AmericaFitch Report.

On February 11, Moody’s released its criteria for rating resecuritizations backed by RMBS and CMBSMoody’s 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 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 12, Moody’s released its methodology for rating intellectual property ABS.  Moody’s Report.

On December 12, Fitch released its criteria for rating pooled multifamily housing bonds.  Fitch Report.

On December 11, Fitch released its criteria for surveillance of existing U.S. CMBS fixed-rate and multi-borrower transactions.  Fitch Report.

On December 9, DBRS issued a request for comment on rating CLOs and CDOs of large corporate credit.  Comments must be received by January 6, 2014.  DBRS 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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