KBRA Releases its Monthly Auto Loan Indices for March

NEW YORK--()--Kroll Bond Rating Agency (KBRA) releases its monthly auto loan indices. The accompanying commentary highlights the fact that auto loan collateral performance metrics improved month-over-month, with annualized net losses and 60+ day delinquencies falling in both KBRA’s Prime and Non-Prime Indices. However, non-prime index losses and delinquencies remain elevated compared to a year ago, mostly driven by a change in issuer mix and servicing changes.

To view the report, please 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 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.

Contacts

Analytical:
Kroll Bond Rating Agency (KBRA)
Brian Ford, CFA, 646-731-2329
Structured Finance Research
bford@kbra.com

Contacts

Analytical:
Kroll Bond Rating Agency (KBRA)
Brian Ford, CFA, 646-731-2329
Structured Finance Research
bford@kbra.com