Moody’s hosted a webinar on Thursday, July 23, 2:00 PM EST to discuss its latest rating methodology request for comment, which covers US and Canadian auto loan ABS.

Moody’s analysts discussed the proposed changes to the methodology “Moody’s Global Approach to Rating Auto Loan- and Lease-Backed ABS”. These proposed changes only applied to auto loan ABS in the US and Canada. Auto lease ABS was out of scope for the proposed revisions.

Adjustments Included:
  • Introducing an econometric analysis for pool expected and Aaa loss at deal closing
  • Refining excess spread analysis
  • Refining our estimate of pool Aaa loss during surveillance
Speakers:
  • Deepika Kothari, Senior Vice President, Structured Finance
  • Gary Lampert, Analyst, Structured Finance

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

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