Rating Agency Developments

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On March 27, DBRS released its updated methodology for rating North American commercial mortgage-backed securities (CMBS). Report.

On March 27, Fitch released its updated criteria for analyzing U.S. wireless tower transactions. Report.

On March 31, Fitch released its updated criteria for analyzing loans securing residential mortgage-backed securities (RMBS) under the ability-to-repay and qualified mortgage standards that the Bureau of Consumer Financial Protection adopted as part of its amendments to Regulation Z under the Truth in Lending Act. Report.

On April 1, DBRS released its updated methodology for the surveillance of European structured finance and covered bonds transactions. Report.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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