On May 25, Moody's updated its approach to rating tobacco settlement revenues securitizationsMoody's Methodology.

On May 24, Fitch published updated criteria for rating U.S. auto lease ABSFitch Release

On May 24, Fitch revised its criteria for moral obligation backed bonds, a non-legislatively binding mechanism provided by a governmental entity to support debt separately secured by a pledged revenue stream.  Fitch ReleaseFitch Report

On May 23, Moody's published updated criteria for rating U.S. auto-loan ABSMoody's Release

On May 23, Moody's announced that its revised methodology for money market fund ratings (published on March 10, 2011) is now effective.  Moody's ReleaseMoody's Methodology

On May 20, Fitch released its franchise loan ABS surveillance criteria.  Fitch Release

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