European RMBS Insight Asset Model - User Guide

DBRS is releasing this Asset Model as part of DBRS’s ongoing efforts to provide greater transparency regarding its methodologies to market participants. DBRS uses the European RMBS Insight Methodology and the relevant jurisdiction-specific addendum to analyse the credit risk of residential mortgage-backed securities in the relevant country. The European RMBS Insight Methodology describes the European RMBS Insight Model, which is DBRS’s proprietary default model, that estimates defaults and losses of portfolios of certain European residential mortgages.