KBRA

Rating Agency Developments

Posted on

 

On April 27, KBRA published a report titled Public Finance: Coronavirus (COVID-19): Municipal Issuers’ Virus-Related Voluntary Disclosures Trend Up. Report.

On April 21, Moody’s published its revised approach to rating U.S. RMBS using the MILAN Framework. Methodology.

On April 20, KBRA published a report titled Public Finance: Coronavirus (COVID-19): Sales Tax Bonds Under Surveillance. Report.

On April 17, S&P published its revised methodology and assumptions for rating U.S. RMBS issued in 2009 or later. Methodology.

On April 16, KBRA published a report titled CMBS: Coronavirus (COVID-19): CRE Recovery Clues From the Great Recession and China. Report.

On April 15, KBRA published a report titled Public Finance: Coronavirus (COVID-19): Fed Provides Vital Assistance to State and Local Governments. Report.

On April 15, Fitch published an article titled Exposure Draft: U.S. RMBS Coronavirus-Related Analytical Assumptions. Criteria.

On April 15, DBRS Morningstar published its methodology for Currency Stresses for Global Structured Finance Transactions. Methodology.

On April 14, Moody’s published its methodology for Fleet Lease Securitizations. Methodology.

On April 13, DBRS Morningstar published its methodology for Rating Structured Aircraft Transactions. Methodology.

On April 10, Moody’s published its methodology for Reverse Mortgage Securitizations. Methodology.

On April 10, Moody’s published its methodology for Resecuritizations. Methodology.

On April 10, Fitch published its criteria for CMBS Large Loan Rating. Criteria.

Rating Agency Developments

Posted on

 

On April 3, Moody’s published its Operating Company Securitizations. Methodology.

On April 3, KBRA published a report titled CMBS: Coronavirus (COVID-19): Multifamily Update – Bracing for Forbearance. Report.

On April 2, KBRA published a report titled Structured Credit: Coronavirus (COVID-19): KBRA U.S. BSL CLO Rating Sensitivity Analysis. Report.

On April 1, DBRS Morningstar published its U.S. Residential Mortgage-Backed Securities Model and Ratings. Methodology.

On March 31, DBRS Morningstar published its U.S. ABS General Ratings. Methodology.

Rating Agency Developments

Posted on

 

On March 31, KBRA published a report titled Coronavirus (COVID-19): Impact of Federal Stimulus on Securitizations Backed by Consumer Receivables. Report.

On March 30, KBRA assigned ratings for the Carvana Auto Receivables Trust 2020-N1 transaction. Release.

On March 30, KBRA assigned ratings for the CSAIL 2020-C19 transaction. Release.

On March 24, KBRA assigned ratings to the BMARK 2020-B17 transaction. Release.

On March 20, DBRS Morningstar published its Global Structured Finance Related Methodologies criteria. Methodology.

On March 19, KBRA assigned ratings to the Progress Residential 2020-SFR1 transaction. Release.

On March 19, KBRA published a new issue report for the Sequoia Mortgage Trust 2020-3 transaction. Report.

On March 19, KBRA published a new issue report for the First Investors Auto Owner Trust 2020-1 transaction. Report.

On March 19, DBRS Morningstar published its U.S. ABS General Ratings Methodology criteria. Methodology.

On March 18, Fitch published its U.S. Auto Loan ABS Rating. Criteria.

On March 18, Fitch published its U.S. Auto Lease ABS Rating. Criteria.

On March 18, DBRS Morningstar published its Rating Canadian ABCP and Related Enhancement Features. Methodology.

On March 13, DBRS Morningstar published its European RMBS Insight: Greek Addendum. Methodology.

On March 13, DBRS Morningstar published its European RMBS Insight: Dutch Addendum. Methodology.

On March 12, Fitch published its RMBS Lenders’ Mortgage Insurance Rating. Criteria.

Rating Agency Developments

and Posted on

 

On March 18, KBRA published its Coronavirus (COVID-19): Consumer ABS Braces for Disruptions. Report.

On March 13, KBRA published its General Global Rating for Asset-Backed Securities. Methodology.

On March 13, KBRA published its Aviation ABS Global Rating. Methodology.

On March 13, KBRA published its Equipment Lease & Loan Global ABS Rating. Methodology.

On March 13, KBRA published its Project Finance Global Rating. Methodology.

On March 13, KBRA published its Structured Credit Global Rating. Methodology.

On March 12, KBRA published its Financial Guaranty Global Rating. Methodology.

On March 11, DBRS Morningstar published a report entitled: Mapping Financial Institution Internal Ratings to DBRS Morningstar Ratings for Global Structured Credit Transactions. Methodology.

On March 10, Fitch published its rating for Aircraft Operating Lease ABS. Criteria.

On March 9, DBRS Morningstar published its North American CMBS Multi-Borrower Rating. Methodology.

On March 9, Moody’s published its proposed update for rating TruPS CDOs. Methodology.

On March 6, DBRS Morningstar published its North American CMBS Surveillance. Methodology.

On February 19, DBRS Morningstar published its U.S. Federal Family Education Loan Program Securitizations. Criteria.

On February 18, Fitch published its U.S. Public Finance Letter of Credit-Supported Bonds and Commercial Paper Rating. Criteria.

Rating Agency Developments

and Posted on

 

On June 8, 2018, Moody’s published a report entitled: US Public Housing Authority Capital Fund Bonds. Release.

On June 8, 2018, Moody’s published a report entitled: Distribution & Supply Chain Services Industry. Release.

On June 8, 2018, Moody’s published a report entitled: Regulated Water Utilities. Release.

On June 5, S&P published guidance related to its publication “Foreign Exchange Risk In Structured Finance—Methodology And Assumptions”. Release.

On June 6, Moody’s updated its rating methodology for Government-Related Issuers. Release.

On June 1, KBRA published its rating methodology for U.S. Property Assessed Clean Energy (PACE) ABS. Release.

On May 31, Fitch published an addendum describing Fitch’s approach to analyzing derivative counterparty exposure in structured finance transactions rated on a long-term basis. Release.

Rating Agency Developments

Posted on

 

On November 27, 2017, Fitch issued a report entitled: Exposure Draft: Government-Related Entities Rating Criteria. Release.

On November 27, 2017, Fitch issued a report entitled: Emerging Market Countries’ Local and Regional Governments’ Specific Securities Rating Criteria. Release.

On November 27, 2017, Fitch issued a report entitled: Airports Rating Criteria. Release.

On November 27, 2017, DBRS issued a report entitled: Rating Sovereign Governments. Release.

On November 27, 2017, DBRS issued a report entitled: Global Methodology for Rating Life and P&C Insurance Companies and Insurance Organizations – Request for Comments. Release.

On November 27, 2017, DBRS issued a report entitled: Rating Structured Finance CDO Restructurings – Request for Comments. Release.

On November 28, 2017, Moody’s published an update to its ratings methodology for: US Public Power Electric Utilities With Generation Ownership Exposure. Release.

On November 28, 2017, KBRA issued a report entitled: Global Credit Card ABS Rating Methodology. Release.

On November 28, 2017, KBRA issued a report entitled: Global Container Leasing ABS Rating Methodology. Release.

On November 28, 2017, KBRA issued a report entitled: Global Auto Loan ABS Rating Methodology. Release.

On November 28, 2017, KBRA issued a report entitled: Global Consumer Loan ABS Rating Methodology. Release.

On November 28, 2017, KBRA issued a report entitled: Global Aviation ABS Rating Methodology. Release.

On November 28, 2017, KBRA issued a report entitled: Global General Rating Methodology for Asset-Backed Securities. Release.

On November 28, 2017, KBRA issued a report entitled: Global Equipment Lease & Loan ABS Rating. Release.

Rating Agency Developments

Posted on

 

On November 8, 2017, Fitch updated its ratings criteria for U.S. grant anticipation revenue vehicles (GARVEE) bonds. Report

On November 8, 2017, DBRS updated its ratings methodology for Canadian Residential Mortgages, Home Equity Lines of Credit, and Reverse Mortgages. Report

On November 8, 2017, DBRS updated its ratings methodology for Trade Receivables. Report

On November 7, 2017, KBRA updated its Default and Loss Model for rating RMBS. Report

On November 7, 2017, KBRA published its ratings methodology for Equity Real Estate Investment Trusts (REITs) and Real Estate Operating Companies (REOCs). Report

On November 3, 2017, Fitch updated its surveillance criteria for Multiborrower CMBS. Report

On November 3, 2017, Fitch updated its surveillance criteria for Legacy U.S. Commercial Real Estate Loan (CREL) Collateralized Debt Obligations (CDOs). Report

On November 3, 2017, DBRS updated its ratings methodology for Canadian Rental Car Fleet Securitizations. Report

Rating Agency Developments

Posted on

 

On October 25, 2017, Moody’s published an update to its rating methodology for US Stand-Alone Housing Bond Programs Secured by Credit Enhanced Mortgages. Release.

On October 25, 2017, KBRA published its rating methodology for the U.S. Not-for-Profit Healthcare sector. Report.

On October 20, 2017, DBRS published an update to its rating methodology for Companies in the Gaming Industry. Release.

On October 20, 2017, DBRS published an update to its rating methodology for Companies in the Canadian Grain Handling Industry. Release.

On October 20, 2017, DBRS published an update to its rating methodology for Companies in the Automotive Manufacturing and Supplier Industries. Release.

On October 19, 2017, Moody’s published an update to its rating methodology for US Municipal Utility Revenue Debt. Release.

On October 19, 2017, Moody’s published an update to its rating methodology for Publicly Managed Airports and Related Issuers. Release.

Rating Agency Developments

Posted on

On October 16, 2017, KBRA published a report entitled: Container Leasing ABS Rating Methodology. Report

On October 16, 2017, KBRA published a report entitled: General Rating Methodology for Asset-Backed Securities. Report

On October 16, 2017, KBRA published a report entitled: Auto Loan Rating Methodology. Report

On October 16, 2017, KBRA published a report entitled: Credit Card ABS Rating Methodology. Report

On October 16, 2017, KBRA published a report entitled: Consumer Loan ABS Rating Methodology. Report

On October 12, 2017, KBRA published a report entitled: Aviation ABS Rating Methodology. Report

On October 12, 2017, DBRS published a report entitled: Rating Canadian Wholesale Securitizations. Report

On October 12, 2017, DBRS published a report entitled: Rating Canadian Equipment Finance Securitization Transactions. Report

On October 12, 2017, DBRS published a report entitled: Rating Canadian Auto Retail Loan and Lease Securitizations. Report

On October 12, 2017, DBRS published a report entitled: Rating Canadian Auto Fleet Lease Transactions. Report

On October 12, 2017, DBRS published a report entitled: Global Methodology for Rating Finance Companies. Report

On October 12, 2017, DBRS published a report entitled: Operational Risk Assessment for European Structured Finance Originators. Report

On October 12, 2017, DBRS published a report entitled: Operational Risk Assessment for European Structured Finance Servicers. Report

Rating Agency Developments

Posted on

 

On September 13, 2017, DBRS issued a report entitled Third-Party Due Diligence Criteria for U.S. RMBS Transactions. Report.

On September 13, 2017, Fitch issued a report entitled Fitch Updates Future Flow Securitisation Criteria; No Rating Impact. Release.

On September 11, 2017, KBRA issued a report entitled Financial Institutions: Global Asset Manager Rating Methodology. Report.

On September 11, 2017, KBRA issued a report entitled Public Finance: U.S. Third Party Liquidity Facility-Supported Variable Rate Demand Obligations and Commercial Paper Rating Methodology. Report.

On September 11, 2017, KBRA issued a report entitled Corporates: General Corporate Rating Methodology. Report.

On September 7, 2017, Fitch issued a report entitled Fitch: LIBOR Transition Creates Uncertainty for SF Market. Release.