DBRS Morningstar Discontinues Ratings on Earnest Student Loan Program 2016-A LLC

DBRS, Inc. (DBRS Morningstar) discontinued the outstanding ratings on the following notes issued by Earnest Student Loan Program 2016-A LLC due to repayment:

-- Class A-1 Notes
-- Class A-2 Notes
-- Class B 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.

Notes:
The principal methodology is DBRS Morningstar Master U.S. ABS Surveillance (May 27, 2020), which can be found on dbrsmorningstar.com under Methodologies & Criteria.

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.

For more information regarding structured finance rating approach and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/359905.

The rated entity or its related entities did not participate in the rating process for this rating action. DBRS Morningstar had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

This rating is endorsed by DBRS Ratings Limited (DBRS Morningstar) for use in the European Union. The following additional regulatory disclosures apply to endorsed ratings:

The last rating action on this transaction took place on October 20, 2020, when all ratings were confirmed.

For further information on DBRS Morningstar historical default rates published by the European Securities and Markets Authority (ESMA) in a central repository, see: http://cerep.esma.europa.eu/cerep-web/statistics/defaults.xhtml.

Lead Analyst: Jon Riber, Senior Vice President, U.S. ABS
Rating Committee Chair: Chris D’Onofrio, Managing Director, Head of US ABS
Initial Rating Date: February 10, 2016

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

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-- DBRS Morningstar Master U.S. ABS Surveillance (May 27, 2020)
https://www.dbrsmorningstar.com/research/361480/dbrs-morningstar-master-us-abs-surveillance