Tag: credit analysis

  • Morningstar DBRS Assigns Provisional Ratings to Mortgage-Backed Notes 2026-PJ3

    Morningstar DBRS Assigns Provisional Ratings to Mortgage-Backed Notes 2026-PJ3

    Morningstar DBRS assigned provisional credit ratings to mortgage-backed securities issued by Chase Home Lending Mortgage Trust 2026-3 on March 6, 2026, according to a statement released by the firm.

    The ratings apply to Mortgage Pass-Through Certificates, Series 2026-3 and were assigned by DBRS, Inc. (Morningstar DBRS). The action follows a similar ratings assignment to GS Mortgage-Backed Securities Trust 2026-PJ2 on February 18, 2026, and to Mortgage-Backed Notes, Series 2024-PJ3, Class A-1-X on March 6, 2026.

    Morningstar DBRS also recently published its U.S. Residential Mortgage-Backed Securities Model and Rating Methodology (RMBS Insight 1.3), which was archived August 31, 2023. The firm has scheduled a series of events in March and April 2026, including “Credit Insights Milan: Structured Finance” on March 26 in Milan, Italy, a methodology update on March 30 focusing on Canadian and European sub-sovereign governments, and a virtual event on April 8 addressing liquidity resilience of Canadian life insurers.

    Commentary released by Morningstar DBRS on February 2, 2026, examined the expanding role of Synthetic Single-Reference Obligations (SRTs) in European bank capital planning. Further analysis on February 4, 2026, focused on the impact of AI-driven metals inflation on utility regulation, while a February 11, 2026, report assessed the state of Canada’s condominium market. A February 17, 2026, commentary addressed the liquidity risks faced by U.S. Life insurers in pursuit of higher yields.