Rating Agency Developments

On January 6, S&P published methodology for reviewing its ratings assigned to U.S. servicer advance securitizations. S&P Release.

On January 6, S&P adapted its surveillance methodology and assumptions for U.S. RMBS backed by loans on residential lots. S&P Release.

On December 21, S&P released revised lifetime loss projections for U.S. Closed-End Second-Lien and HELOC RMBS transactions issued in 2005, 2006, and 2007. S&P Release.

On January 5, S&P requested comments on proposed revisions to its principal stability fund ratings criteria, which should be submitted to S&P no later than March 26. S&P Release.

On January 6, Fitch lifted its moratorium on rating auto dealer floorplan transactions and published a revised Global Dealer Floorplan (DFP) ABS criteria report. Fitch Release.

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