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KBRA Releases Marketplace Consumer Loan Indices for June

July 6, 2018

NEW YORK--(BUSINESS WIRE)--Jul 6, 2018--Kroll Bond Rating Agency (KBRA) released its marketplace consumer loan indices for June.

Credit performance was somewhat mixed again this month, but fundamentals remain stable. Performance in KBRA’s Tier 1 Index deteriorated, as higher losses in some of SoFi’s (SCLP) 2017 vintage pools pushed index annualized net losses higher for the month. However, performance metrics in KBRA’s Tier 2 and Tier 3 indices improved, driven by loan seasoning and tighter underwriting from some issuers.

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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 recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180706005315/en/

CONTACT: Analytical Contact:

Kroll Bond Rating Agency

Brian Ford, CFA, Structured Finance Research

646-731-2329

bford@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2018.

PUB: 07/06/2018 11:46 AM/DISC: 07/06/2018 11:46 AM

http://www.businesswire.com/news/home/20180706005315/en

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