DBRS Publishes Updated European RMBS Methodology and Jurisdictional Addenda

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

The Methodology presents the criteria on which Belgian, French, German and Portuguese RMBS ratings – and, where relevant, covered bonds ratings – are based.

The Methodology is effective as of 1 November 2016.

DBRS recently conducted a review of the Belgian, French, German and Portuguese addendum and concluded that no material changes were necessary and no rating actions will be taken on any related outstanding ratings. DBRS has not published a request for comment.

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