DBRS Publishes Updated Methodology for Rating U.S. Structured Finance Transactions
ABCP, Auto, RMBSDBRS, Inc. (DBRS) has today published an updated methodology titled “Rating U.S. Structured Finance Transactions” (the Methodology). The Methodology outlines the DBRS approach for rating structured finance transactions in the United States.
The changes made to the updated methodology are intended to provide further clarity and increased transparency into DBRS’s approach to rating re-securitizations. This supplemental language provides more explicit direction of re-securitization analysis that exists within the scope of current structured finance methodologies.
This methodology, effective as of the date of this press release, supersedes all previous versions of Rating U.S. Structured Finance Transactions.
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.
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