Other CMBS Methodologies

From time to time, KBRA is asked to provide a credit opinion on transactions which have unique features that are not expected to recur on a regular basis. As the characteristics of these transactions are not conducive to the production of stand-alone rating criteria publications, KBRA will generally disclose its methodology within the body of the pre-sale. Transactions of this nature which have been rated within the sector include the following two Interest Only Resecuritizations:

Interest Only