U.S. credit card ABS

Rating Agency Developments

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On December 2, Moody’s released its updated approach to rating Europe, Middle East and Africa CMBS.  Moody’s Report.

On December 2, DBRS released its methodology for rating U.S. credit card ABS.  DBRS Report.

On November 28, DBRS released its operational risk assessment procedures for servicers of European Structured Finance (ESF) products.  DBRS Report.

On December 5, Kroll released its request for comment on its proposed methodology for assessing non-Qualified Mortgage risk in U.S. RMBS.  Kroll Request.

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Rating Agency Developments

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On September 15, S&P requested comment on proposed changes to its methodology and assumptions for U.K. RMBS. S&P Release.

On September 15, Fitch updated its CDO cash flow analysis rating criteria. Fitch Release.

On September 15, Fitch updated is criteria for rating global rental fleet ABS transaction. Fitch Release.

On September 15, Fitch updated its criteria for aircraft Enhanced Equipment Trust Certificates (EETCs). Fitch Release.

On September 14, Moody’s provided its approach to rating auto lease securitizations. Moody’s Report.

On September 14, S&P revised its U.S. credit card ABS assumptions for establishing rating-specific stress scenario purchase and payment rate modeling parameters. S&P Release.

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