Press Release

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

RMBS
January 10, 2024

DBRS, Inc. (Morningstar DBRS) published an updated list of its acceptable third-party due-diligence firms. Morningstar DBRS added One Diligence, LLC (One Diligence or the Company), a subsidiary of ProTitleUSA, as an acceptable due-diligence firm for Morningstar DBRS-rated residential mortgage-backed securities (RMBS) transactions.

Morningstar DBRS conducted a phone review of the Company to assess the staffing, infrastructure, and capabilities of One Diligence.

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 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 DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings (July 4, 2023) at https://dbrs.morningstar.com/research/416784.

Notes:
The principal methodology applicable to the rating is the Third-Party Due-Diligence Criteria for U.S. RMBS Transactions (September 8, 2023; https://dbrs.morningstar.com/research/420333).

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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