The evaluation undertaken by Moody’s on the preliminary task of rankings for an RMBS safety might concentrate on features that turn out to be much less related or sometimes stay unchanged in the course of the surveillance stage. Please see “Moody’s Strategy to Score RMBS Utilizing the MILAN Framework” for additional data on Moody’s evaluation on the preliminary score task and the on-going surveillance in RMBS.
Elements that will result in an improve or downgrade of the rankings:
Elements that will result in an improve of the rankings embrace: (i) considerably higher than anticipated efficiency of the pool along with a rise in credit score enhancement of Notes; or (ii) a deleveraging of the capital construction.
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