The industry's own research.
24 items

Morningstar DBRS downgraded credit ratings on eight classes of Commercial Mortgage Pass-Through Certificates from GS Mortgage Securities Corporation Trust 2019-GC40.

Morningstar DBRS confirmed credit ratings on five classes of CMBS issued by Citigroup Commercial Mortgage Trust 2015-GC27 and upgraded one class trend to stable from negative.

Morningstar DBRS released quarterly Canadian Housing Market Indicators providing updated data on residential market conditions.

Morningstar DBRS releases quarterly housing market indicators tracking Canadian residential market conditions and trends.

Morningstar DBRS released an updated methodology document for rating and monitoring credit tenant lease transactions.

Morningstar DBRS downgraded credit ratings on five classes of Commercial Mortgage Pass-Through Certificates Series 2019-B12.

Morningstar DBRS examines geopolitical and terrorism risk exposure in global data center infrastructure and its impact on structured finance deals and credit performance.

Morningstar DBRS presents forward-looking credit forecasts spanning multiple sectors and geographic regions for 2026.

A virtual event examining private credit holdings and portfolio composition within Canadian life insurance company investments.

Analysis of VAT treatment and implications for servicing fees in European securitised assets following recent EU General Court ruling.

Analysis of how European regulatory reforms to depositor preference frameworks may affect bank credit rating assessments and risk profiles.

Analysis of how private markets are responding to increased investor scrutiny in the leveraged finance sector.

Morningstar DBRS reports on residential mortgage-backed securities RTL repayments and delinquency trends, noting sustained prepayment activity and rising delinquencies within expected performance parameters.

Morningstar DBRS climate risk assessment tool mapping exposure and vulnerability across European residential mortgage-backed securities.

Morningstar DBRS research on the rating methodology and ongoing monitoring practices for North American commercial mortgage-backed securities with multiple borrower pools.

Morningstar DBRS ranks commercial mortgage servicers across North America, providing performance and competitive positioning data in the CMBS market.

Morningstar DBRS outlines its methodology for integrating ESG considerations into credit rating assessments across sectors and asset classes.

Morningstar DBRS analyzes sensitivity factors for a securitized real estate mortgage investment conduit trust focusing on single-family rental properties.

Morningstar DBRS issued credit rating confirmations on eight classes of multifamily mortgage-backed certificates in the AXMF Re-REMIC Trust 2025-SBRR1 securitization.

Morningstar DBRS confirmed credit ratings on eight classes of multifamily mortgage-backed securities issued by AXMF Re-REMIC Trust.

Confirms ratings on two CMBS Re-REMIC transactions, reflecting stable performance of underlying Freddie Mac securitizations.

The outlook notes 2025 office originations were the highest since the Great Recession even as office delinquencies stayed elevated, creating a bifurcated environment. Morningstar DBRS maintains a stable view on hotel, retail and multifamily sectors despite asset- and market-specific stress.

The monthly summary aggregates Morningstar DBRS rating actions across North American CMBS transactions for November 2025. It is part of the firm's recurring surveillance reporting on the sector.

The midyear update describes a resilient commercial real estate debt market in the first half of 2025, with higher issuance in data center sectors and traditional CMBS consistent with 2024. Maturity defaults remained tied to higher rates and office performance decline.