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 promises. Moody’s Report.
On April 22, Kroll released its RMBS rating methodology for assessing Non-QM Risk. Kroll Report.
Note: Free registration is required for rating agency releases and reports.
On January 25, DBRS published its methodology for Canadian structured finance flow-through ratings. DBRS Methodology.
On January 22, DBRS published its methodology on rating European consumer and commercial asset-backed securitizations. DBRS Methodology.
On January 24, KBRA published its U.S. credit card ABS rating methodology. KBRA Report.
On January 22, Fitch published its updated global rating criteria for dealer floorplan ABS. Fitch Release. Fitch Criteria.
On June 29, Fitch updated its U.S. RMBS representations and warranties criteria. Fitch Report.
On June 28, Fitch updated its criteria for existing asset securitization in emerging markets. Fitch Report.
On June 26, S&P released its methodology for covered bonds. S&P Report.
On June 26, Fitch released an updated report on rating guidelines for confirming letter of credit-supported bonds. Fitch Report.
On June 22, Fitch updated its criteria for solid waste revenue bonds. Fitch Report.
On June 22, Fitch updated its criteria for credit card ABS. Fitch Report.
Note: Free registration is required for rating agency releases and reports.
On March 22, S&P released its methodology for Canadian credit card ABS. S&P Release.
On March 20, Fitch updated its criteria for stressing interest rate risk in structured finance transactions. Fitch Report.
On March 19, S&P released its U.S. public finance long-term municipal pool methodology. S&P Methodology.
On March 19, Fitch updated its rating guidelines for CP programs issued with external support. Fitch Report.
On March 19, Moody’s released its finance company global rating methodology. Moody’s Report.
Note: Free registration is required for Fitch, Moody’s and S&P releases and reports.
On June 30, Fitch updated its U.S. RMBS criteria for originator reviews, due diligence, and representations and warranties. Fitch Release.
On June 30, Fitch updated its criteria for rating U.S. timeshare loan ABS. Fitch Release.
On June 28, Fitch updated its criteria for global credit card ABS. Fitch Release.
On June 28, Moody’s published methodology for rating ABS backed by utility cost recovery charges. Moody’s Release.
On June 28, Moody’s released a report on its approach to analyzing performance disruption risk in securitizations. Moody’s Report.
On June 27, Moody’s issued a request for comment on changes to its ABCP operational risk guidelines. Comments are due by July 15. Moody’s Release.
On June 24, Fitch updated its future flow securitization rating criteria. Fitch Release.
Note: Free registration is required for Fitch and Moody’s releases and reports.
On April 22, Fitch announced its plan to address the implementation of the recent amendment to SEC Rule 17g-5 related to disclosures with respect to structured finance credit ratings. Fitch Release.
On April 19, S&P updated its methodology and assumptions for rating U.S. credit card ABS. S&P Release.
On April 15, S&P revised its methodology for rating interest-only (IO) securities. S&P Release.
On April 16, Fitch addressed long-term Issuer Default Ratings (IDRs) for equity real estate investment trusts (REITs) and real estate operating companies (REOCs), as well as credit ratings for revolving credit facilities, long-term senior debt obligations, and preferred stock of these issuers. Fitch Release. Fitch Report.
On April 22, DBRS released its methodology for rating U.S. insurance premium finance securitizations.
Note: Free registration is required for S&P and Fitch releases and reports.
On January 28, S&P refined its methodology and assumptions for U.S. credit card ABS. The principal updates include: (i) comparing all credit card master trust portfolios with S&P’s Bankcard Credit Card Quality Index, (ii) establishing a ‘AAA’ peak charge-off rate of 33% for the benchmark pool, (iii) evaluating the credit risk of an actual pool relative to that of the benchmark pool as well as its peer group, and (iv) adjusting the actual pool’s specific ‘AAA’ stressed charge off rates to reflect a number of factors. S&P Release.
On January 28, S&P revised its interest rate assumptions for U.S. RMBS with a first distribution date in January 2010. S&P Release.
On January 26, S&P changed its analysis approach for state housing finance agency (HFA) mortgage insurance funds. S&P Release.
On January 27, Moody’s revised its loss projections for U.S. Option ARM RMBS issued from 2005 through 2007. Moody’s Release.
On January 28, DBRS released its methodologies for rating U.S. auto lease and retail auto loan securitizations. DBRS Retail Auto Loan Methodology. DBRS Auto Lease Methodology.
On January 26, DBRS published its final rating methodology for U.S. ABS backed by rental car fleets. DBRS Release. DBRS Methodology.
Note: Free registration is required for Moody’s and S&P releases and reports.
