Methodology
Master European Structured Finance Surveillance Methodology (Archived)
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Press Release:
- Morningstar DBRS Assigns Credit Rating to Cars Alliance Auto Loans France Master, Series 2024-10, Class A Notes and Discontinues Credit Ratings on Series 2024-06, Series 2024-07, Series 2024-08 b and Series 2024-09 Class A Notes
- Morningstar DBRS Confirms Credit Rating on Bowbell No.3 PLC
- Morningstar DBRS Discontinues Credit Ratings on CFHL-2 2015
- Morningstar DBRS Confirms Credit Rating on Clara Sec. S.r.l.
- Morningstar DBRS Confirms Credit Rating on Essence VIII B.V.
- Morningstar DBRS Confirms Credit Rating on Sinopel 2019 B.V.
- Morningstar DBRS Confirms Credit Ratings on Proteus RMBS DAC
- Morningstar DBRS Confirms Credit Rating on BPCE Demeter Tria FCT
- Morningstar DBRS Confirms Credit Rating on Bumper NL 2023-1 B.V.
- Morningstar DBRS Confirms Credit Rating on FCT Pulse France 2022
- Morningstar DBRS Confirms Credit Ratings on Caixabank RMBS 3, FT
- Morningstar DBRS Confirms Credit Ratings on Dilosk RMBS No. 5 DAC
- Morningstar DBRS Discontinues Credit Ratings on Harbour No. 1 plc
- Morningstar DBRS Confirms Credit Rating on Cavern Funding 2020 plc
- Morningstar DBRS Confirms Credit Ratings on CaixaBank PYMES 13, FT
- Morningstar DBRS Confirms Credit Rating on Auto lease-now 2023-2 AG
- Morningstar DBRS Confirms Credit Rating on FCT Bpifrance SME 2019-1
- Morningstar DBRS Upgrades Credit Rating on Caixabank Leasings 3, FT
- Morningstar DBRS Confirms Credit Ratings on Autonoria Spain 2023, FT
- Morningstar DBRS Confirms Credit Ratings on Leone Arancio RMBS S.r.l
- Morningstar DBRS Confirms Credit Rating on Sardegna Re-Finance S.r.l.
- Morningstar DBRS Discontinues Credit Ratings on Durham Mortgages B plc
- Morningstar DBRS Upgrades Credit Rating on Quarzo S.r.l. - Series 2017
- Morningstar DBRS Discontinues Credit Ratings on Brignole CQ 2022 S.r.l.
- Morningstar DBRS Upgrades and Confirms Credit Ratings on BEST 2010 B.V.
- Morningstar DBRS Confirms Credit Rating on Private Driver España 2020-1
- Morningstar DBRS Confirms Credit Rating on Quarzo S.r.l. - Series 2023-2
- Morningstar DBRS Confirms Credit Ratings on Auto ABS French Leases 2023
- Morningstar DBRS Discontinues Credit Rating on Secucor Finance 2021-1 DAC
- Morningstar DBRS Upgrades and Confirms Credit Ratings on FT RMBS Prado IX
- Morningstar DBRS Confirms Credit Ratings on Cars Alliance DFP Germany 2017
- Morningstar DBRS Confirms Credit Ratings on Three Spanish RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on Three Sunrise Transactions
- Morningstar DBRS Upgrades Credit Ratings on Auto ABS Spanish Loans 2020-1 FT
- Morningstar DBRS Confirms Credit Ratings on Miravet 2019-1 and Miravet 2020-1
- Morningstar DBRS Discontinues Credit Rating on Wolf Receivables Financing Plc
- Morningstar DBRS Confirms Credit Ratings on Civitas SPV S.r.l. - Series 2017-1
- Morningstar DBRS Confirms Credit Ratings on Dublin Bay Securities 2018-MA1 DAC
- Morningstar DBRS Discontinues Credit Ratings on Rathlin Residential 2021-1 DAC
- Morningstar DBRS Discontinues Credit Ratings on Retiro Mortgage Securities DAC
- Morningstar DBRS Upgrades and Confirms Credit Ratings on FCT CA LEASING 2023-1
- Morningstar DBRS Confirms Credit Ratings on Boursorama Master Home Loans France
- Morningstar DBRS Confirms Credit Ratings on Three Atlantes Mortgage Transactions
- Morningstar DBRS Confirms Credit Ratings on Brera SEC2 S.r.l and Brera SEC3 S.r.l
- Morningstar DBRS Discontinues Credit Rating on Silver Arrow Merfina 2021-1 S.r.l.
- Morningstar DBRS Discontinues and Withdraws Credit Rating on Belvedere SPV S.r.l.
- Morningstar DBRS Upgrades and Confirms Credit Ratings on IM BCC Cajamar PYME 4 FT
- Morningstar DBRS Confirms Credit Rating on Siena NPL 2018 S.r.l. With Stable Trend
- Morningstar DBRS Confirms Credit Ratings on RevoCar 2023-2 UG (haftungsbeschränkt)
- Morningstar DBRS Confirms Credit Ratings on Santander Consumer Spain Auto 2021-1 FT
- Morningstar DBRS Confirms Credit Ratings on Santander Consumer Spain Auto 2023-1 FT
- Morningstar DBRS Discontinues Credit Ratings on Pavillion Point of Sale 2021-1A PLC
- Morningstar DBRS Confirms Credit Ratings on Globaldrive Dealer Floorplan UK 2021 plc
- Morningstar DBRS Discontinues Credit Rating on Alstertal Consumer Funding 2021-1 DAC
- Morningstar DBRS Confirms Credit Ratings on Four Rural Hipotecario RMBS Transactions
- Morningstar DBRS Confirms Credit Ratings on Cars Alliance Auto Leases France V 2020-1
- Morningstar DBRS Confirms Credit Ratings on Cars Alliance Auto Loans Germany V 2021-1
- Morningstar DBRS Confirms Credit Ratings on Sabadell Consumo 1 Fondo de Titulización
- Morningstar DBRS Discontinues Credit Rating on Auto ABS Italian Balloon 2019-1 S.r.l.
- Morningstar DBRS Confirms Credit Rating on Rosenkavalier 2022 UG (haftungsbeschränkt)
- Morningstar DBRS Confirms Credit Ratings on PRPM Lagado 2022-1 DAC With Stable Trends
- Morningstar DBRS Upgrades Credit Rating on Rosenkavalier 2020 UG (haftungsbeschränkt)
- Morningstar DBRS Confirms Credit Ratings on Auto ABS Italian Stella Loans 2023-1 S.r.l.
- Morningstar DBRS Confirms Credit Ratings on Two VCL Multi-Compartment S.A. Transactions
- Morningstar DBRS Discontinues Credit Ratings on Two Tulip Mortgage Funding Transactions
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Red & Black Auto Lease France 1
- Morningstar DBRS Confirms Credit Rating on Florence SPV S.r.l. (2020) Following Amendment
- Morningstar DBRS Downgrades Credit Rating on Belvedere SPV S.r.l., Removes Negative Trend
- Morningstar DBRS Confirms Credit Ratings on Giada Sec. S.r.l. and Giada Sec. S.r.l. (2022)
- Morningstar DBRS Confirms Credit Ratings on TREVA Equipment Finance SA, Compartment 2021-1
- Morningstar DBRS Confirms Credit Rating on IM BCG RMBS 2, FONDO DE TITULIZACIÓN DE ACTIVOS
- Morningstar DBRS Discontinues Credit Ratings on Cardiff Auto Receivables Securitisation 2022-1
- Morningstar DBRS Upgrades and Confirms Credit Ratings on RevoCar 2022 UG (haftungsbeschränkt)
- Morningstar DBRS Confirms Credit Rating on Lusitano Mortgages No. 7 Designated Activity Company
- Morningstar DBRS Confirms Credit Rating on Red & Black Consumer France 2013 Following Amendment
- Morningstar DBRS Discontinues Credit Rating on IM BCG RMBS 2, FONDO DE TITULIZACIÓN DE ACTIVOS
- Morningstar DBRS Takes Credit Rating Actions on Outstanding NewDay Funding Related Transactions
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Sunrise SPV 93 S.r.l. - Sunrise 2021-2
- Morningstar DBRS Confirms Credit Rating on Class A Notes Issued by Candide Financing 2021-1 B.V.
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Sunrise SPV Z80 S.r.l. - Sunrise 2019-2
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Three Finance Ireland RMBS Transactions
- Morningstar DBRS Confirms Credit Ratings on the Class A Notes Issued by Cars Alliance Auto Leases
- Morningstar DBRS Discontinues Credit Ratings on Golden Bar (Securitisation) S.r.l. - Series 2020-1
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Castell 2021-1 PLC and Castell 2023-2 PLC
- Morningstar DBRS Confirms Credit Ratings on Outstanding Series Issued by VCL Master Netherlands B.V.
- Morningstar DBRS Confirms Credit Rating on Silver Arrow S.A., acting in respect of its Compartment 16
- Morningstar DBRS Confirms Credit Ratings on Sabadell Consumer Finance Autos 1, Fondo de Titulización
- Morningstar DBRS Confirms Credit Ratings on VCL Master S.A., acting with respect to its Compartment 1
- Morningstar DBRS Discontinues Credit Ratings on Glenbeigh 2 Issuer 2021-2 Designated Activity Company
- Morningstar DBRS Confirms Credit Ratings on BFS Funding I Limited
- Morningstar DBRS Confirms Ratings on abc SME Lease Germany S.A., acting in respect of its Compartment 8
- Morningstar DBRS Places Credit Rating on Buonconsiglio 3 S.r.l. Under Review With Negative Implications
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Two Santander Consumer Spain Auto Transactions
- Morningstar DBRS Discontinues Credit Rating on Silver Arrow S.A., acting in respect of its Compartment 13
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Towd Point Mortgage Funding 2023 - Vantage 3 plc
- Morningstar DBRS Upgrades and Confirms Credit Ratings on ARTS Consumer S.r.l. and ARTS Consumer 2023 S.r.l.
- Morningstar DBRS Confirms Credit Ratings on abc SME Lease Germany S.A., acting in respect of its Compartment 9
- Morningstar DBRS Confirms Credit Rating on Koromo S.A., acting on behalf and for the account of its Compartment 3
- Morningstar DBRS Discontinues Credit Rating on abc SME Lease Germany S.A., acting in respect of its Compartment 7
- Morningstar DBRS Publishes Final Rating European Nonperforming and Reperforming Loans Securitisations Methodology
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Elvet Mortgages 2021-1 plc and Elvet Mortgages 2023-1 plc
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Bumper BE NV/SA, acting on behalf of its Compartment No. 1
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Retail Automotive CP Germany 2021 UG (Haftungsbeschränkt)
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Fortuna Consumer Loan ABS 2022-1 Designated Activity Company
- Morningstar DBRS Confirms Credit Ratings on TAGUS - Sociedade de Titularização de Créditos, S.A. (RMBS Belém No.2)
- Morningstar DBRS Comments on Charles Street Conduit Asset-Backed Securitisation 2 Limited Following Portfolio Repurchase
- Morningstar DBRS Confirms Credit Ratings on TAGUS - Sociedade de Titularização de Créditos, S.A. (Bugio Finance No.1)
- Morningstar DBRS Takes Credit Rating Actions on VCL Master Residual Value S.A., acting with respect to its Compartment 2
- Morningstar DBRS Discontinues Credit Ratings on Latitude Australia Credit Card Loan Note Trust, Series 2019-1
- Morningstar DBRS Confirms Credit Ratings on TAGUS - Sociedade de Titularização de Créditos, S.A. (Ulisses Finance No.2)
- Morningstar DBRS Confirms Credit Ratings on Tagus - Sociedade de Titularização de Créditos, S.A., Viriato Finance No. 1
- Morningstar DBRS Confirms Its Credit Rating on TAGUS Sociedade de Titularização de Créditos, S.A. (Aqua Mortgage No. 1)
- Morningstar DBRS Upgrades and Confirms Credit Ratings on Pavillion Mortgages 2021-1 PLC and Pavillion Mortgages 2022-1 PLC
- Morningstar DBRS Confirms Credit Ratings on Asset-Backed European Securitisation Transaction Twenty, Fondo de Titulización
- Morningstar DBRS Discontinues Credit Ratings on VCL Multi-Compartment S.A., acting for and on behalf of its Compartment VCL 35
- Morningstar DBRS Takes Credit Rating Actions on Tagus - Sociedade de Titularização de Créditos, S.A. (Vasco Finance No. 1)
- Morningstar DBRS Finalizes Methodologies for Oil & Gas PDP Reserves Asset-Backed Securities
- Morningstar DBRS Downgrades Credit Rating on Class A Notes Issued by BCC NPLs 2018-2 S.r.l. and Confirms Credit Rating on Class B Notes
- Morningstar DBRS Downgrades Credit Rating on Luzzatti POP NPLs 2021 S.r.l. to BB (high) (sf) from BBB (sf) and Maintains Negative Trend
- Morningstar DBRS Upgrades and Confirms Credit Ratings on 11 UK RMBS Transactions Following Update to European RMBS Insight: UK Addendum
- Morningstar DBRS Confirms Credit Ratings on Driver UK Multi-Compartment S.A. acting for and on behalf of its Compartment Driver UK seven
- Morningstar DBRS Assigns Credit Rating to Cars Alliance Auto Leases France Master Class A 2024-54 Notes and Discontinues Credit Rating on Class A 2024-49 Notes
- Morningstar DBRS Assigns Credit Rating to Cars Alliance Auto Leases France Master Class A 2024-55 Notes and Discontinues Credit Rating on Class A 2024-50 Notes
- Morningstar DBRS Places Credit Ratings on 11 UK RMBS Transactions Under Review with Positive Implications Following Update to European RMBS Insight: UK Addendum Methodology
- Morningstar DBRS Assigns Credit Rating to Cars Alliance Auto Loans France Master, Series 2024-09, Class A Notes and Discontinues Credit Rating on Series 2024-05, Class A Notes
- Morningstar DBRS Assigns Credit Rating to Cars Alliance Auto Loans Germany Master, Series 2024-10, Class A Notes and Discontinues Credit Rating on Series 2024-07, Class A Notes
- Morningstar DBRS Assigns Credit Rating to Cars Alliance Auto Loans Germany Master, Series 2025-01, Class A Notes and Discontinues Credit Rating on Series 2024-09, Class A Notes
- Morningstar DBRS Assigns Credit Rating to Cars Alliance Auto Loans Germany Master, Series 2025-02, Class A Notes and Discontinues Credit Rating on Series 2024-10, Class A Notes
- Morningstar DBRS Places Credit Ratings on Eight Dutch RMBS Transactions Under Review with Positive Implications Following Update to European RMBS Insight: Dutch Addendum Methodology
- Morningstar DBRS Assigns Credit Ratings to Cars Alliance Auto Leases France Master Class A 2024-52 and 2024-53 Notes and Discontinues Credit Ratings on Class A 2024-47 and 2024-48 Notes
- Morningstar DBRS Assigns Credit Ratings to Cars Alliance Auto Loans Germany Master, Series 2024-11 and 2024-12, Class A Notes and Discontinues Credit Rating on Series 2024-08, Class A Notes
- Morningstar DBRS Assigns Credit Rating to BPL Mortgages S.r.l., Series V Class A-2024 Notes and Downgrades Credit Ratings on Outstanding Class A-2012, Class A-2016, and Class A-2019 Notes Following Amendment
- Morningstar DBRS Assigns Credit Ratings to Cars Alliance Auto Loans France Master, Series 2024-08 a and Series 2024-08 b, Class A Notes and Discontinues Credit Ratings on Series 2024-03 b and Series 2024-04, Class A Notes
Contacts
Alfonso Candelas
Associate Managing Director - European Securitisation Surveillance & Rating Process
+(49) 69 8088 3512
alfonso.candelas@morningstar.com- Christian Aufsatz
Managing Director - European Structured Finance Ratings
+(44) 20 7855 6664
christian.aufsatz@morningstar.com - Claire Mezzanotte
Group Managing Director, Global Head of Structured Finance Ratings - Credit Ratings Leadership
+(1) 212 806 3272
claire.mezzanotte@morningstar.com
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