Morningstar, Inc.’s (NASDAQ: MORN) structured credit ratings business will unveil its residential mortgage-backed securities (RMBS) ratings and surveillance analytics service at the upcoming ABS East conference in Miami Oct. 16 to Oct. 19.  The new service, RMBS Ratings and Analytics, will provide institutional investors with cutting edge analytics, Morningstar’s monthly DealView Credit Analysis, and timely letter ratings on thousands of secondary market RMBS transactions.  The service will be focused toward the investor community, and will improve market transparency, ratings stability, and especially the timeliness of surveillance reviews and ratings updates.  Each Morningstar RMBS rating will undergo a rating review every month, which will allow the analysis to quickly reflect market changes.  In addition to Morningstar’s monthly DealView analysis and letter ratings, the new service will feature an interactive statistical model with investor-driven assumption capabilities, updated performance data, default probabilities, and loss severity projections.  

Source: Morningstar