Rating Agency Developments

On April 3, S&P released its methodology for CDOs and pooled TOBs backed by U.S. municipal debt. S&P Release.

On April 2, Moody’s released its approach to rating securities backed by FFELP student loans. Moody’s Report.

On April 2, Fitch updated its Ratings Definitions, removing the definition of Individual Rating, and adding Limitations of National ratings. Fitch Release.

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