DBRS Morningstar Publishes Final Methodology on Rating U.S. Structured Finance Transactions

DBRS Morningstar finalized its “Rating U.S. Structured Finance Transactions” methodology after the closure of a request for comment period on the proposed updates to Appendix V: Obligations Backed by Insurance Policy (Financial Guarantee). This appendix to the methodology presents the criteria for which obligations backed by insurance policy (financial guarantee) in North America are assigned and/or monitored.

The methodology supersedes the prior version published on October 20, 2021, and is effective as of April 4, 2022.

There were no comments during the request for comment period.

All comments received during the request for comment period have been published to the DBRS Morningstar website, except in cases where confidentiality is requested by the respondent.

Notes:
The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/384482.

DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

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