Rating Bank Regulatory Capital Securities

Rating Agency Developments

On July 28, Fitch updated its criteria for rating hybrid securities issued by banks, insurance companies, and non-financial corporate issuers. Fitch Release. Fitch Criteria.

On July 28, Fitch published an exposure draft entitled “Rating Bank Regulatory Capital Securities”, detailing proposed adjustments to its rating criteria for bank-issued hybrid securities and subordinated debt. Fitch Release. Fitch Exposure Draft.

On July 28, Fitch updated its criteria report for Rating Guidelines for Confirming Letter of Credit-Supported Bonds, which replaces the criteria report issued on July 13, 2010. Fitch Release. Fitch Report.

On July 26, Fitch updated its Rating Guidelines for Letter of Credit-Supported Bonds. Fitch Release. Fitch Criteria.

On July 26, Fitch published updated criteria for rating transactions with political risk insurance and letters of credit. Fitch Release.  Fitch Criteria.

On July 26, Moody’s revised its rating methodology for FHA-VA U.S. RMBS transactions. Moody’s Release.

On July 22, S&P revised its rating criteria for all U.S. RMBS transactions that were analyzed using LEVELS. S&P Release.

On July 22, S&P revised its rating criteria for analyzing loans governed by anti-predatory lending laws. S&P Release.