from
S&P Credit Research3817 word report
published Jul 06, 2009
Price
Complimentary available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | 1. Standard&Poor's Ratings Services is refining its methodology and assumptions for estimating projected losses for U.S. residential mortgage-backed securities (RMBS) transactions backed by subprime and Alternative-A (Alt-A) collateral issued in 2005, 2006, and 2007. We are publishing this article to help market participants better understand our approach to reviewing these RMBS transactions. This article addresses the "credit quality of the securitized assets" principles discussed in "Principles-Based Rating Methodology For Global Structured Finance Securities," which we published May 29, 2007. 2. Standard&Poor's revised methodology and assumptions for estimating projected losses for U.S. RMBS transactions backed by subprime and Alt-A collateral include the following points: When available, we will apply transaction-specific loss severities. In the absence of these,
|
| Brief Excerpt: | RESEARCH Ratings Definitions Criteria | Structured Finance | RMBS: Standard & Poor's Revises U.S. Subprime And Alternative-A RMBS Loss Assumptions For Transactions Issued In 2005, 2006, And 2007 Publication date: 06-Jul-2009 Primary...
|
| Report Type: | Commentary
|
| Sector: | Global Issuers, Public Finance, Structured Finance
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
