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

DBRS, Inc. (Morningstar DBRS) published an updated list of its acceptable third-party due-diligence firms. Morningstar DBRS added Radian Real Estate Management (Radian or the Company) as an acceptable due-diligence firm for business purpose loans and single-family rental Morningstar DBRS-rated residential mortgage-backed securities (RMBS) transactions.

Morningstar DBRS conducted a review of Radian to assess its staffing, infrastructure, and capabilities as a third-party due diligence firm for business purpose and single family rental loans and believes the Company is acceptable.

For more information about the approval process or to schedule a review, please contact Kathleen Tillwitz at kathleen.tillwitz@morningstar.com or refer to Morningstar DBRS' "Third-Party Due-Diligence and Representations & Warranties 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 Morningstar DBRS considers ESG factors within the Morningstar DBRS analytical framework can be found in the Morningstar DBRS Criteria: Approach to Environmental, Social, and Governance Factors in Credit Ratings (August 13, 2024) at https://dbrs.morningstar.com/research/437781.

Notes:
The principal methodology applicable to the rating is the Third-Party Due-Diligence and Representations & Warranties Criteria for U.S. RMBS Transactions (September 30, 2024; https://dbrs.morningstar.com/research/440091).

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

The commentary is available at https://dbrs.morningstar.com.

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

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