Rating Agency Developments

On November 6, Fitch released its updated criteria for rating securitizations in emerging marketsReport.

On November 5, DBRS released its methodology for rating companies in the automotive manufacturing industryReport.

On November 5, DBRS released its methodology for rating companies in the automotive supplier industryReport.

On November 5, S&P published an advance notice of proposed change to its bank rating methodology to potentially expand recognition of a bank’s “additional loss-absorbing capacity” in certain situations.  Article.

On November 3, Fitch released an updated version of its global structured finance and covered bonds rating criteria hierarchy.  Report.

On November 3, Moody’s released its methodology for rating unregulated utilities and unregulated power companiesReport.

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Rating Agency Developments

On October 30, Moody’s released its methodology for rating government-related issuers.  Report.

On October 30, Fitch released its methodology for rating asset-backed commercial paper.  Report.

On October 30, DBRS released a series of methodologies for rating the Canadian auto industry.  Rental Car Fleet.  Auto Fleet Lease.  Auto Retail Loan and Lease.

On October 28, DBRS released two methodologies for rating the U.S. auto industry.  U.S. Auto Lease.  Unified Interest Rate Model.

On October 30, DBRS released its methodology for rating Canadian equipment finance securitizations.  Report.

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Rating Agency Developments

On October 13, Moody’s released is rating methodology for U.S. Health Insurance Companies.  Release.

On October 10, DBRS published its methodologies regarding the following: (i) U.S. Structured Finance Transactions, (ii) U.S. Auto Fleet Lease Securitizations and (iii) U.S. ABS Surveillance Methodology.  Release.  Release.  Release.

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Rating Agency Developments

On October 9, S&P released its updated global methodology and assumptions for assessing the credit quality of securitized non-real estate related consumer receivables, including, but not limited to, auto, credit card, student, and unsecured personal loan asset-backed securities. Report.

On October 9, S&P released its updated criteria for analyzing cash flows of structured finance securities. Report.

On October 9, S&P released its updated methodology and assumptions for assessing operational risk associated with transaction parties in structured finance transactions. Report.

On October 7, Moody’s released its bankruptcy remoteness criteria for special purpose entities in global structured finance transactions. Report.

On October 7, Fitch released its updated Global Structured Finance and Covered Bonds Rating Criteria Hierarchy. Report.

On October 3, Fitch released its criteria for rating nonprofit nursing homes. Report.

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Rating Agency Developments

On October 1, DBRS released its methodologies for rating companies in oil and gas and oilfield services. Oil and Gas. Oilfield Services.

On September 30, Moody’s released its methodology for rating companies in the consumer durables industry. Report.

On September 30, Fitch proposed a new methodology for estimating losses for US RMBS transactions. Comments should be submitted by October 31. Report.

On September 30, DBRS released its methodology for analyzing legal criteria in European structured finance transactions. Report.

On September 29, Moody’s released its methodology for rating bond programs issued by housing finance agencies and secured by multifamily loans. Report.

On September 29, Fitch proposed a new methodology for rating commercial real estate loans securing covered bonds. Comments should be submitted by October 27. Report.

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Rating Agency Developments

On September 19, Fitch released its criteria for analyzing large loans within single-borrower or multiborrower U.S. CMBS transactionsReport

On September 17, DBRS released its methodology for rating U.S. structured finance transactionsReport

On September 17, DBRS released its third-party due diligence criteria for U.S. RMBS transactionsReport

On September 16, S&P released its criteria and key credit factors for several types of project finance transactions, including:

On September 16, S&P also released its methodology for assessing operating risks, its methodology of assessing transaction structure risks and its framework methodology for project finance transactions:

On September 16, Moody’s released its rating methodology for credit card receivables-backed securities and other securities backed by revolving consumer loansReport

On September 16, Fitch released its revised Fund Quality Ratings assessing funds’ investment processes and operational attributes.  Report

On September 15, Fitch released its revised rating criteria for trade receivables securitizationsReport

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Rating Agency Developments

On August 21, Moody’s released its global methodology for monitoring and rating property and casualty insurers. Report.

On August 21, Moody’s released its global methodology for monitoring and rating life insurers. Report.

On August 20, Fitch released its global ratings criteria for monitoring and rating toll roads, bridges, and tunnels. Report.

On August 18, DBRS requested comment on global methodology for rating finance companies. Report.

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Rating Agency Developments

On July 31, Moody’s released its rating methodology for global manufacturing companiesReport.

On July 25, Fitch released its global rating criteria for Corporate CDOsReport.

On July 25, DBRS issued its methodology for rating companies in the industrial products industryReport.

On July 25, DBRS issued its methodology for rating companies in the printing industryReport.

On July 25, DBRS issued its methodology for rating companies in the railway industryReport.

On July 25, DBRS issued its methodology for rating companies in the capital goods dealership industryReport.

On July 25, DBRS issued its methodology for rating companies in the airline industryReport.

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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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