Rating Agency Developments - July 30, 2012

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On July 27, DBRS released its methodology for the European Financial Stability Facility. DBRS Methodology.

On July 25, Fitch updated its covered bonds counterparty criteria. Fitch Report.

On July 20, Fitch updated its U.S. RMBS criteria. Fitch Report.

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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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