DBRS Publishes Updated Master European Residential Mortgage-Backed Securities Rating Methodology and French Jurisdictional Addendum

DBRS Ratings Limited (DBRS) has today published an amended version of its Master European Residential Mortgage-Backed Securities (RMBS) Rating Methodology and Jurisdictional Addenda. The methodology is effective as of today’s date. This criteria 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, the United Kingdom and France.

The amended methodology has been updated with the addition of an addendum specific to France. There will be no rating impact following the publication of the amended report.

As a result, DBRS 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.