Press Release

DBRS Morningstar Publishes Updated Methodology for Rating U.S. Structured Finance Transactions

ABCP, Auto, RMBS
October 30, 2023

DBRS Morningstar published an updated version of “Rating U.S. Structured Finance Transactions” (the Methodology). The changes include updates to the following appendices:

-- Appendix I: U.S. Consumer Loan ABS Transactions
-- Appendix III: U.S. TV Programming Licensing Rights

DBRS Morningstar has conducted a periodic review of the Methodology. This update supersedes the previous version published on October 22, 2023, and is effective as of October 30, 2023. DBRS Morningstar deems the update not to be material and has determined that no credit ratings are expected to change as a result of this update.

Notes:
The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/416703.

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.