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.
- 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
- Deepika Kothari, Senior Vice President, Structured Finance
- Gary Lampert, Analyst, Structured Finance