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KBRA Releases Marketplace Consumer Loan Indices for March

April 5, 2019

NEW YORK--(BUSINESS WIRE)--Apr 5, 2019--Kroll Bond Rating Agency (KBRA) releases its marketplace consumer loan indices for March.

Marketplace consumer loan collateral performance improved in March across all three of our indices, as tax refunds likely helped some borrowers get back on track. Annualized net losses in KBRA’s Tier 1 index fell 24bp to 5.58%, while KBRA’s Tier 2 index outperformed, with annualized net losses falling 164bp to 11.08%. Finally, KBRA’s Tier 3 index saw strong performance in March, with annualized net losses falling to 23.82%, down 226bp MoM.

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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. KBRA is also 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190405005402/en/

CONTACT: Analytical:

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 2019.

PUB: 04/05/2019 01:53 PM/DISC: 04/05/2019 01:53 PM

http://www.businesswire.com/news/home/20190405005402/en