DBRS Morningstar Publishes Updated List of Acceptable Third-Party Due-Diligence Firms

DBRS, Inc. (DBRS Morningstar) published an updated list of its acceptable third-party due-diligence firms. DBRS Morningstar added Stellar Innovations Pvt. Ltd. (Stellar or the Company) as an acceptable due-diligence firm for DBRS Morningstar-rated residential mortgage-backed securities (RMBS) transactions.

DBRS Morningstar conducted a phone review of the Company to assess the staffing, infrastructure, and capabilities of Stellar.

For more information about the approval process or to schedule a review, please contact Kathleen Tillwitz at [email protected] or refer to DBRS Morningstar’s “Third-Party Due-Diligence Criteria for U.S. RMBS Transactions” methodology.

ENVIRONMENTAL, SOCIAL, GOVERNANCE CONSIDERATIONS
There were no Environmental/Social/Governance factors that had a significant or relevant effect on the credit analysis.

A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework can be found in the DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings at (July 4, 2023) https://www.dbrsmorningstar.com/research/416784.

Notes:
Notes: The principal methodology applicable to the rating is the Third-Party Due-Diligence Criteria for U.S. RMBS Transactions (September 11, 2020; https://www.dbrsmorningstar.com/research/366613/third-party-due-diligence-criteria-for-us-rmbs-transactions).

Other methodologies referenced in this transaction are listed at the end of this press release. These may be found at https://www.dbrsmorningstar.com/about/methodologies.

The commentary is available at www.dbrsmorningstar.com.

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

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