Morningstar DBRS Publishes Updated RMBS Insight 1.3: U.S. Residential Mortgage-Backed Securities Model and Rating Methodology

Morningstar DBRS published an updated version of "RMBS Insight 1.3: U.S. Residential Mortgage-Backed Securities Model and Rating Methodology."

This update consolidates the "Assessing U.S. RMBS Pools Under the Ability-to-Repay (ATR) Rules" methodology into the Loss Severity section of the "RMBS Insight 1.3: U.S. Residential Mortgage-Backed Securities Model and Rating" methodology. As a result of the consolidation, Morningstar DBRS archived the "Assessing U.S. RMBS Pool Under the Ability-to-Repay Rules" methodology.

This update supersedes the previous version of "RMBS Insight 1.3: U.S. Residential Mortgage-Backed Securities Model and Rating Methodology" published on June 28, 2024, and is effective as of September 30, 2024. Morningstar DBRS deems the update not to be material and determined that no ratings are expected to change as a result of this update.

Notes:
Morningstar DBRS methodologies are publicly available on its website https://dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit https://dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.