DBRS Publishes Updated Master U.S. ABS Surveillance Methodology with Timeshare Addendum
Auto, RMBS, OtherDBRS, Inc. (DBRS) has today published an updated version of its Master U.S. ABS Surveillance Methodology to include an addendum for the surveillance of Timeshare Loan ABS transactions. This methodology, effective as of the date of this press release, supersedes the previous methodology dated December 2011.
The criteria describes the DBRS surveillance process including the rating committee process, the types of rating actions taken by rating committees, our disclosure policies and procedures, as well as the sector specific methodologies employed by DBRS in the ongoing monitoring of the following asset types:
• Auto Loan
• Auto Leases
• Wholesale Auto (Dealer Floorplan)
• Rental Cars
• Credit Cards
• Federal Family Education Loan Program (FFELP) Student Loans
• Private Student Loans
• Equipment Loans and Leases
• Insurance Premium Finance
• Structured Settlements
• Timeshare Loans
DBRS criteria and methodologies are publicly available on its website www.dbrs.com under Methodologies.