On May 17, Fitch published a report entitled “Criteria for Rating U.S. Mortgage REITs and Similar Finance Companies” that addresses long-term Issuer Default Ratings (IDRs) for mortgage real estate investment trusts (REITs) and similar finance companies, as well as credit ratings for corporate debt obligations and preferred stock of these issuers. Fitch Release. Fitch Report.
On May 19, S&P requested comments on proposed changes to its methodology for evaluating insurers’ economic capital models through a refinement of its current enterprise risk management criteria. S&P Release.
On May 18, S&P updated its rating assumptions for problem assets and credit costs of Russian banks. S&P Release.
On May 11, DBRS published methodology for stability ratings for structured income funds. DBRS Methodology.
On May 6, Moody’s issued a request for comment regarding its approach to operational risk in global structured finance transactions. Comments on the report are requested by June 15. Moody’s Release.
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