state revolving funds

Rating Agency Developments

On May 24, S&P updated its methodology for applying its RMBS small pool adjustment factor. S&P Report.

On May 23, Moody’s updated its methodology for ABCP. Moody’s Report.

On May 23, Fitch updated its criteria for multilateral development banks. Fitch Report.

On May 22, Fitch detailed its rating considerations for passive funds. Fitch Report.

On May 22, DBRS released its master U.S. ABS surveillance methodology. DBRS Report .

On May 22, DBRS released its unified interest rate model for U.S. timeshare loan ABS transactions.  DBRS Report.

On May 22, DBRS released its operational risk assessment for U.S. ABS servicers. DBRS Report.

On May 22, DBRS released its methodology for U.S. timeshare loan securitizations. DBRS Report.

On May 21, Fitch published criteria for state revolving funds (SRFs) and leveraged municipal loan pools (MLPs). Fitch Report.

On May 18, S&P updated its base-case default rate assumptions and benchmark pool for Japanese credit card and consumer loan securitizations. S&P Report.

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Rating Agency Developments

On July 15, DBRS released its methodology for rating U.S. and European structured finance CDO restructurings. DBRS Release.

On July 14, DBRS released its methodology for rating global film rights securitizations. DBRS Release.

On July 15, Moody’s released a revised update on rating debt obligations with variable promises which updates its approach as set forth in the June 2009 report. Moody’s Release.

On July 14, Moody’s released its methodology for evaluating the credit quality of bonds issued to leverage State Revolving FundsMoody’s Release.

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