DBRS Publishes Master EU RMBS Rating Methodology with Updated Addenda and Request for Comments on German Addendum

DBRS Ratings Limited (DBRS) has today published its “Master European Residential Mortgage-Backed Securities Rating Methodology and Jurisdictional Addenda” (the Methodology) with updated addenda for Belgian, French, Portuguese and U.K. residential mortgage-backed securities (RMBS). Additionally, DBRS is requesting comments on the proposed German addendum for the Methodology.

The Methodology and relevant addenda present the criteria on which Belgian, French, Portuguese and U.K. RMBS ratings – and, where relevant, covered bond ratings – are based.

DBRS recently conducted a review of the Belgian, French, Portuguese and U.K. addenda and concluded no material changes were necessary and no rating actions will be taken on any related outstanding ratings.

DBRS has not published a request for comments for the four jurisdictional addenda. The Methodology is effective as of 24 September 2015.

Comments for the German addendum should be received on or before 24 October 2015. Please submit your comments to the following email address: EURMBSMethodology_Comments@dbrs.com.

DBRS publishes on its website all comments received, except in cases where confidentiality is requested by the respondent.

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

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.