February 12, 2019 - 12:09 PM EST
KBRA Releases Monthly Auto Loan Indices for January
KBRA Releases Monthly Auto Loan Indices for January

NEW YORK

Kroll Bond Rating Agency (KBRA) releases its auto loan indices for the month of January. The accompanying commentary highlights the fact that credit performance was mixed across securitized auto loan pools last month. KBRA expects delinquency and loss rates in KBRA’s Prime and Non-Prime Indices to hold steady or fall in February as borrowers begin to receive tax refunds, providing an additional source of cash flow to help them pay their auto loans.

To view the report, click here.

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About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

Analytical Contacts:
Brian Ford, CFA, Structured Finance Research
(646) 731-2329
bford@kbra.com


Source: Business Wire (February 12, 2019 - 12:09 PM EST)