DBRS Publishes Belgian Addendum to Master European Residential Mortgage-Backed Securities Rating Methodology and Jurisdictional Addenda
RMBS, Nonperforming LoansDBRS Ratings Limited (DBRS) has today published an amended version of its Master European Residential Mortgage-Backed Securities (RMBS) Rating Methodology (Master) and Jurisdictional Addenda. The amended methodology has been updated with the addition of an addendum specific to Belgium. The updated methodology is effective as of today’s date.
The Master methodology describes the DBRS rating methodology for European residential mortgage portfolios and forms part of the DBRS criteria for rating European residential mortgage-backed securities (RMBS) and other transactions linked to residential mortgage assets including covered bonds in Spain, Portugal, Italy, the Netherlands and the United Kingdom.
DBRS currently has no outstanding RMBS ratings in Belgium, and, as a result, is not taking rating actions on any outstanding European securitisations.
DBRS criteria and methodologies are publicly available on its website www.dbrs.com under Methodologies.