DUBLIN–(BUSINESS WIRE)–Yesterday, Kroll Bond Rating Agency (KBRA) releases its European RMBS Rating Methodology Country Addendum for rating securities backed by residential mortgage loans in the Republic of Ireland (Ireland). The addendum addresses analytical considerations specific to prime, buy-to-let, and non-conforming mortgages in Ireland. This addendum addresses country-specific assumptions regarding the loans’ KBRA Probability of Default (KPD), including (i) base PD, (ii) a description
