01.07.2016 17:19:00
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Moody's: Proposed IO Methodology Clarification Will Cause the Withdrawal of Approximately 35 US CMBS IOs
New York, July 01, 2016 -- Moody's Investors Service is requesting market participants to comment on a proposed clarification to the methodology the rating agency uses to rate interest only (IO) securities regarding when ratings will be withdrawn. In this request for comment (RFC), we propose the insertion of a paragraph into our methodology for rating IO securities called "Moody's Approach to Rating Structured Finance Interest-Only Securities," dated October 20, 2015.