Moody’s

Rating Agency Developments

 

On September 4, 2018, Moody’s updated its methodology for the mining industry, replacing the last version published on April 3, 2018. No rating changes are expected to result from this update. Release.

As of August 28, 2018, S&P Global Ratings is requesting comments on proposed revisions to its methodology and assumptions for rating certain insurance-linked securitizations (“ILS“). The rating on an ILS addresses the likelihood of timely payment of interest and principal when due based on the original promise, even if the terms permit a reduction in principal or interest. The proposed criteria covers specific methodologies applicable to natural peril, mortality, longevity, medical benefit ratio, and auto bonds. Release.

Rating Agency Developments

 

On August 13, 2018, Fitch issued a report entitled: Covered Bonds Rating Criteria. Report.

On August 10, 2018, Fitch issued a report entitled: U.S. Federal Family Education Loan Program Student Loan ABS Rating Criteria. Report.

On August 9, 2018, Moody’s issued a report entitled: Moody’s Proposes Update to Financial Statement Adjustments: Treatment of Lease Obligations. Report.

On August 9, 2018, Moody’s issued a report entitled: Financial Statement Adjustments in the Analysis of Non-Financial Corporations. Report.

On August 9, 2018, Moody’s issued a report entitled: Financial Statement Adjustments in the Analysis of Financial Institutions. Report.

Rating Agency Developments

 

On June 28, 2018, Fitch issued a report entitled: Fitch Updates Rating Criteria for U.S. Mortgage Insurance or Guarantee Fund Programs. Release.

On June 22, Moody’s updated its rating methodology for Insurance Brokers and Service Companies. Release.

On June 21, Fitch published rating criteria for rating asset-backed securities backed by U.S. private student loans. Release.

Rating Agency Developments

 

On June 19, 2018, Fitch published its rating criteria for U.S. Federal Family Education Loan Program Student Loan ABS. Release.

On June 19, 2018, Fitch published its rating criteria for EMEA CMBS. Release.

On June 19, 2018, Moody’s published a rating methodology for Debtor-in-Possession Lending. Release.

On June 18, 2018, Fitch published its rating criteria for U.S. RMBS. Release.

On June 15, 2018, Fitch published its rating criteria for Distressed Debt Exchanges. Release.

On June 15, 2018, Moody’s published a cross-sector rating methodology on General Principles of Liquidity Risk Assessment. Release.

Rating Agency Developments

 

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

 

On May 2, 2018, Fitch published a report entitled: Germany Residential Mortgage Rating Criteria Addendum. Release.

On May 2, 2018, Fitch published a report entitled: Switzerland Residential Mortgage Rating Criteria Addendum. Release.

On May 2, 2018, DBRS published a report entitled: Rating Credit Funds. Release.

On May 1, 2018, Fitch published a report entitled: EMEA RMBS Rating Criteria. Release.

On April 26, 2018, Moody’s published its methodology for rating Banks. Release.

Rating Agency Developments

 

On April 25, 2018 Moody’s published a rating methodology for Generic Project Finance. Release.

On April 24, 2018 S&P published a table of contents for S&P’s Global Ratings Structured Finance Criteria. Release.

On April 23, 2018 Moody’s published a report on The Performance of Moody’s Structured Finance Ratings – 2018Q1. Release.

On April 23, 2018 DBRS published a rating methodology for Canadian Covered Bonds. Release.

On April 20, 2018 DBRS published a rating methodology for Operational Risk Assessments for Canadian Structured Finance. Release.

On April 20, 2018 Fitch published its rating criteria for U.S. RMBS Seasoned, Re-Performing and Non-Performing Loans. Release.

On April 19, 2018 DBRS published a rating methodology for Canadian Public Hospitals. Release.

Rating Agency Developments

On April 12, 2018, DBRS published a report entitled: European RMBS Insight Methodology.  Release

On April 12, 2018, Moody’s published its methodology for rating US States and TerritoriesRelease

On April 13, 2018, DBRS published a report entitled: Rating Canadian Structured Finance Transactions.  Release

On April 17, 2018, S&P published additional guidance on its European residential loans criteria.  Release

On April 17, 2018, Fitch updated its criteria for estimating losses on U.S. mortgage pools for RMBS transactions. Release