DBRS Releases Appendix to SF Methodology for Rating Motorcycle Loans

DBRS has today released an appendix to its methodology Rating Canadian Structured Finance Transactions, applying to transactions backed by motorcycle loans.

This appendix focuses on the DBRS rating methodology for securities backed by a portfolio of consumer motorcycle loans and generally follows a similar process to assigning ratings to securities backed by retail auto loans. Rating considerations include a review of both qualitative and quantitative considerations for the proposed structure with respect to:

-- Operational Risk Review
-- Legal Structure Review
-- Asset Analysis
-- Cash Flow Analysis & Stress Testing

The methodology providing DBRS’s processes and criteria are available by contacting us at info@dbrs.com.