DBRS Morningstar Publishes a Commentary on Coronavirus Disease (COVID-19) Fallout and the Credit Risk Exposure Mapping of U.S. RMBS Sectors

DBRS, Inc. (DBRS Morningstar) published a commentary outlining Coronavirus Disease (COVID-19) fallout and the Credit Risk Exposure Mapping of U.S. RMBS sectors. In this commentary, DBRS Morningstar provides a comprehensive framework for assessing the range of exposed fundamental and structural risks in various U.S. RMBS sectors to the current crisis, covering the following topics:

-- Differences between market and economic conditions preceding the Financial Crisis 2008–09 and the ongoing coronavirus crisis.
-- Overall U.S. RMBS Credit Risk Exposure Mapping to coronavirus effects.
-- Estimated rank-order of intrinsic (unstructured) pool credit risk by U.S. RMBS sector.
-- Deal-level negative and positive risk influences, including structural and operational factors, as well as borrower support considerations.

Notes:
The commentary is available at www.dbrsmorningstar.com.

For more information on this industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.

DBRS, Inc.
140 Broadway, 43rd Floor
New York, NY 10005 USA
Tel. +1 212 806-3277