Rating Agency Developments - February 20, 2013

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On February 15, Fitch published updated criteria for Latin American RMBS. Fitch Report.

On February 14, DBRS released its master European RMBS methodology and jurisdictional addenda. DBRS Report.

On February 13, S&P released its methodology and assumptions for U.S. private student loan ABS credit analysis. S&P Report.

On February 12, DBRS released its European CMBS surveillance criteria. DBRS 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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