Press Release

DBRS Morningstar Publishes Updated Belgian, German, and French Addenda for Its Master European Residential Mortgage-Backed Securities Rating Methodology

RMBS
September 21, 2020

DBRS Morningstar published three updated addenda to the “Master European Residential Mortgage-Backed Securities Rating Methodology and Jurisdictional Addenda” as follows:

-- Master European Residential Mortgage-Backed Securities Rating Methodology and Jurisdictional Addenda, Belgian Addendum;
-- Master European Residential Mortgage-Backed Securities Rating Methodology and Jurisdictional Addenda, French Addendum; and
-- Master European Residential Mortgage-Backed Securities Rating Methodology and Jurisdictional Addenda, German Addendum;

DBRS Morningstar has conducted a periodic review of the aforementioned addenda.

No material changes to the methodology were made. Accordingly, no ratings are expected to change as a result of these updates.

These updates supersede the previous version published on 14 July 2020 and are effective as of 21 September 2020.

Notes:
A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework and its methodologies can be found at: https://www.dbrsmorningstar.com/research/357792.

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

For more information regarding structured finance rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/358308.

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.