DBRS Morningstar Publishes Updated Methodology for Rating U.S. Retail Auto Loan Securitizations

DBRS, Inc. (DBRS Morningstar) published an updated version of its “Rating U.S. Retail Auto Loan Securitizations” methodology (the Methodology).

DBRS Morningstar has conducted a periodic review of the Methodology. This update supersedes the previous version published on May 16, 2019, and is effective as of May 13, 2020. DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

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For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

For more information regarding structured finance rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/358308.

DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at [email protected].