DBRS Publishes Final European Structured Finance Rating Methodology and Reverse Mortgage Appendix

DBRS Ratings Limited (DBRS) released its Methodology for rating European securitisation transactions and portfolios of European reverse mortgage loans.

The “Rating European Structured Finance Transactions” methodology describes DBRS’s general approach to analysing European securitisation transactions. This Methodology is expected to be used in conjunction with another existing methodology and/or asset class appendix.

The “European Reverse Mortgages” appendix sets forth DBRS’s analysis for securitisations of portfolios that consist of European reverse mortgage loans, also known as equity release loans.

The Methodology is effective as of 20 November 2018.

DBRS received no comments during the Request For Comments period. The Scope and Limitation section of the methodology has been clarified.

DBRS criteria and methodologies are publicly available on its website www.dbrs.com under Methodologies.

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