DBRS Publishes Unified Interest Rate Model for Rating U.S. Structured Finance Transactions

DBRS, Inc. (DBRS) has today published a methodology titled “Unified Interest Rate Model for Rating U.S. Structured Finance Transactions” (the Methodology). The Methodology sets forth a consistent approach for the application of interest rate stresses applied across all U.S. Structured Finance methodologies and therefore all U.S. structured finance transactions. This methodology focuses solely on U.S. dollar currency markets.

This methodology, effective as of the date of this press release, consolidates and supersedes all previous methodologies for applying the DBRS Unified Interest Rate Model for U.S. structured finance transactions. DBRS has removed any references to non-U.S. currencies, as they are not applicable. 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 on its website www.dbrs.com under Methodologies.

For more information on ratings for U.S. structured finance transactions, visit www.dbrs.com or contact us at info@dbrs.com.