DBRS Publishes Methodology: Rating U.S. Structured Settlements Methodology

DBRS, Inc. has today published its updated rating methodology for U.S. structured settlements asset-backed transactions. The methodology outlines DBRS approach for reviewing structured settlement transactions with regard to the following key analytical considerations:

•Quality of management and financial condition of the sponsoring entity
•Originations and underwriting practices
•Quality of the servicers’ capabilities
•Collateral credit quality and the historical performance of the issuer’s/originator’s structured settlement portfolio
•Creditworthiness of the insurance carriers backing the collateral pool
•Transaction capital structure, and credit enhancement
•Cash flow analysis
•Legal structure and opinions

DBRS criteria and methodologies are publicly available on its website www.dbrs.com under Methodologies.