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

DBRS Morningstar published an updated version of “Rating U.S. Auto Lease Securitizations” (the Methodology).

DBRS Morningstar has conducted a periodic review of the Methodology. No material changes to the Methodology were made. This update supersedes the previous version published on November 5, 2019, and is effective as of October 30, 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.

Notes:
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.

For more information regarding the structured finance rating approach and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/359905.

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].