Rating Agency Developments

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On June 7, 2017, Fitch issued a report entitled Fitch Publishes Updated U.S. Timeshare Loan ABS Rating Criteria. Press Release.

On June 6, 2017, Fitch issued a report entitled Fitch Updates Structured Finance CDOs Surveillance Rating Criteria. Press Release.

The annual CRE Finance Council took place on June 5-7, 2017 in Washington, D.C. KBRA released two recaps of the panel sessions. The first full day was packed with a variety of topics, which ranged from the real estate cycle to tax policy to the current finance regulatory environment June 6 Recap. The final day of the conference included panels on construction lending, loan documents, the borrower experience and servicing fee structures. June 7 Recap.

The 2017 NYU International Hospitality Industry Investment Conference, which provided an overview of the current state of the lodging industry, issues facing the sector and thoughts on its future direction, was held on June 5-6 in New York. KBRA released a summary of key takeaways from the conference. Report.

On June 2, 2017, Fitch issued a report entitled Fitch Updates EMEA RMBS Criteria Addendum for UK: No Rating Impact. Press Release.

On June 1, 2017, Moody’s issued a report entitled Moody’s Approach to Rating SF CDOs. Report.

 

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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