-

KBRA Releases Data Compendium Ahead of Structured Finance Virtual Conference

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a Data Compendium ahead of its Structured Finance Virtual Conference: Credit & COVID-19–Is the Worst Behind Us?, to be held on September 22-23, 2020.

More than five months have passed since the pandemic took hold in the U.S., leading to meaningful economic disruption throughout the country. The impact on structured finance (SF) credit has varied by asset class but has generally resulted in numerous ratings Watch Placements and downgrades across KBRA’s rated structured finance universe. Currently, KBRA has 805 SF ratings on Watch Downgrade or Developing, and the ratings of 293 securities were lowered between March 1 and September 1.

As in previous KBRA webinars, we invite you to join the discussion as our analysts meet with industry veterans to discuss their insights on the SF landscape and where the markets go from here. We hope you find the accompanying Data Compendium useful and invite any feedback.

Click here to view the report.

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) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.

Contacts

Analytical

Brian Ford, CFA
Head of Structured Finance Research
+1 (646) 731-2329
bford@kbra.com

Eric Thompson
Global Head of Structured Finance Ratings
+1 (646) 731-2355
ethompson@kbra.com

Kroll Bond Rating Agency

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Analytical

Brian Ford, CFA
Head of Structured Finance Research
+1 (646) 731-2329
bford@kbra.com

Eric Thompson
Global Head of Structured Finance Ratings
+1 (646) 731-2355
ethompson@kbra.com

More News From Kroll Bond Rating Agency

KBRA Assigns Preliminary Ratings to OBX 2026-NQM3 Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 14 classes of mortgage-backed notes from OBX 2026-NQM3 Trust, a $840.8 million non-prime RMBS transaction. The underlying collateral, comprising 1,547 residential mortgages, is characterized by fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 92.7% and 7.3% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 49.2%) or exempt (43.3%) from the Ab...

KBRA Releases Fourth-Quarter 2025 U.S. Bank Compendium

NEW YORK--(BUSINESS WIRE)--KBRA releases its fourth-quarter 2025 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 4Q25 results for publicly traded U.S. banks with KBRA ratings. In this edition, we examine how KBRA-rated banks delivered their strongest profitability since the pandemic, driven primarily by net interest margin (NIM) expansion. Credit performance continued to soften gradually but remained well within historical norms, with modest increase...

KBRA Assigns Preliminary Ratings to PLYM 2026-IND

NEW YORK--(BUSINESS WIRE)--KBRA announces the assignment of preliminary ratings to five classes of PLYM 2026-IND, a CMBS single-borrower securitization. The collateral for the transaction is a $1.46 billion floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrower's fee simple interests in 145 industrial properties (227 individual bu...
Back to Newsroom