Final Market Rating

How the Final Market Rating is derived as the worst-of across the Adjusted Asset Rating, Platform Rating, and Market Rating.

The Final Market Rating is the single score that determines whether a lending market qualifies for inclusion in a Steakhouse Financial vault. It is the worst-of across three layers: the Adjusted Asset Rating, Platform Rating, and Market Rating. The rating scale runs from AA to C, and the result maps directly to Steakhouse product eligibility.

Final Market Rating	Layers
	Adjusted Asset Rating
	Platform Rating
	Market Rating
Final Market Rating	Worst Rating of the Layers

It is rated on a scale described in the Rating Grades section, from AA (highest quality) to C (riskiest practice), and the FMR determines the asset’s eligibility within Steakhouse product ranges.

Collateral StandardsLayers, Pillars and Criteria