Fitch Ratings has published an updated version of its interactive Global Structured Finance (SF) and Covered Bonds (CVB) Rating Criteria Hierarchy. The report enables users to effectively navigate the various criteria reports related to the agency's coverage of the SF and CVB markets.
The updated report replaces the report of the same title previously published on May 11, 2015. Since its last publication, Fitch has updated and published the following SF and CVB criteria:
--'Criteria for the Analysis of Commercial Real Estate Loans Securing Covered Bonds', May 12;
--'Global Rating Criteria for Aircraft Operating Lease ABS', May 19;
--'Covered Bonds Rating Criteria - Mortgage Liquidity and Refinancing Stress Addendum', May 20;
--'Criteria for Analyzing Multiborrower U.S. and Canadian Commercial Mortgage Transactions', May 28;
--'Criteria Addendum: Belgium - Residential Mortgage Assumptions', May 29;
--'U.S. RMBS Surveillance and Re-REMIC Criteria', June 01;
--'Fitch's Mortgage Covered Bond Refinancing Stresses - Excel File', June 03;
--'Criteria for Rating U.S. Timeshare Loan ABS', June 03;
--'Criteria Addendum: France - Residential Mortgage Assumptions', June 8;
--'Criteria Addendum: Italy - Residential Mortgage Assumptions', June 9;
--'Criteria Addendum: Portugal - Residential Mortgage Assumptions', June 9;
--'Criteria Addendum: Ireland - Residential Mortgage Assumptions', June 10;
--'Criteria Addendum: Netherlands - Residential Mortgage Assumptions', June 10;
--'Criteria Addendum: Spain - Residential Mortgage Assumptions', June 10.
The updated hierarchy report organizes all SF and CVB criteria reports based on applicability to different market sectors and provides direct links to the reports themselves. As of the date of the report, Fitch's SF and CVB groups maintain three Master, 13 Cross-Sector, and 77 Sector-Specific criteria reports, as well as 13 Spanish translations.
The full report, 'Global Structured Finance & Covered Bonds Rating Criteria Hierarchy', is available on Fitch's website at www.fitchratings.com or by clicking on the link.
