DBRS Publishes Updated Methodology for Surveillance of U.S. ABS Transactions

DBRS has today published a methodology entitled DBRS Master U.S. ABS Surveillance Methodology. The methodology provides a guideline for the surveillance of ABS transactions in the United States. Key performance metrics for the following asset types are discussed:

-- Auto Fleet Leases
-- Auto Leases
-- Auto Loans
-- Consumer Loans
-- Credit Cards
-- Equipment Leases
-- Insurance Premium Finance
-- Rental Cars
-- Structured Settlements
-- Student Loans - Federal Family Education Loan Program (FFELP)
-- Student Loans - Private
-- Timeshare Loans
-- Wholesale Auto/Dealer Floorplan
-- Healthcare Receivables

The updated methodology includes asset-specific appendices for consumer loans, auto fleet leases and healthcare receivables. This methodology, effective as of the date of this press release, supersedes any previous methodologies for the surveillance of ABS transactions in the United States. DBRS does not deem the changes to be material. Accordingly, this methodology release does not result in any rating changes or other rating actions on existing DBRS-rated transactions.

DBRS criteria and methodologies are publicly available at www.dbrs.com under Methodologies.