Morningstar DBRS Releases Updated Methodology for Rating Canadian Residential Mortgages, HELOCs and Reverse Mortgages

Morningstar DBRS published an updated version of the "Rating Canadian Residential Mortgages, Home Equity Lines of Credit and Reverse Mortgages" methodology (the Methodology).

Morningstar DBRS conducted a periodic review of the Methodology. This update supersedes the previous version published on June 28, 2024 and is effective as of October 29, 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.

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

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