CMBS collateral

Rating Agency Developments

On September 7, Moody’s requested comments on a proposed new methodology and rating scale for money market funds.  Comments should be received within 60 days. Moody’s Release.

On September 7, S&P revised its recovery rates for CMBS collateral in resecuritizations. S&P Release.

Note: Free registration is required for S&P and Moody’s releases and reports.