DBRS Morningstar Publishes Updated Methodology for North American CMBS Surveillance

DBRS Morningstar published an updated version of its North American CMBS Surveillance Methodology (the Methodology).

DBRS Morningstar has conducted a periodic review of the Methodology. The update is limited to clarifying changes and the removal of duplicative sections that may be resident or better aligned in other related methodologies. This update supersedes the previous version published on March 6, 2020, and is effective as of March 26, 2021. 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:
DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

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.

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