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

DBRS 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 amendment to the methodology is effective as of today’s date.

The Master methodology with the addenda describes the DBRS rating criteria 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, France and Ireland.

The amended methodology has been updated with an addendum specific to Ireland. To date, DBRS does not have any outstanding Irish RMBS transactions.

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