Rating Agency Developments - April 30, 2014

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On April 28, Moody’s released a request for comment on proposed changes to its global credit card ABS rating approach. Comments must be submitted by June 9. Moody’s Report.

On April 22, Moody’s released its methodology for rating obligations with variable promises. Moody’s Report.

On April 22, Kroll released its RMBS rating methodology for assessing Non-QM Risk. Kroll 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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