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KBRA Releases RMBS Credit Indices (KCI) for June 2021

July 9, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Jul 9, 2021--

Kroll Bond Rating Agency (KBRA) releases its RMBS Credit Indices (KCI) for June 2021. The indices track early-, mid-, and late-stage delinquencies, observed modifications, prepayment speeds, and other performance metrics across four major RMBS 2.0 subsectors.

KBRA includes modified (%) in its RMBS KCIs, which represents the portion of loans for each deal that Intex reports as having a modification or “suspected” modification. Intex advises that loan modification data via its data providers may be lagged by one or two months, and the reported data has been normalized by Intex. “Suspected” modifications represent a determination made by Intex when servicer/trustee data is deemed to be insufficient but where the historical data and performance of the loans “strongly suggest” that a loan modification has occurred.

Click here to view the report.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210709005307/en/

CONTACT: Analytical ContactsBrian Ford, CFA, Structured Finance Research

+1 (646) 731-2329

brian.ford@kbra.comJack Kahan, Senior Managing Director

+1 (646) 731-2486

jack.kahan@kbra.comAshish Sharda, Senior Director

+1 (646) 731-2415

ashish.sharda@kbra.comAndrew Ye, Senior Analyst

+1 (646) 731-1232

andrew.ye@kbra.comBusiness Development ContactMichele Patterson, Managing Director

+1 (646) 731-2397

michele.patterson@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2021.

PUB: 07/09/2021 10:50 AM/DISC: 07/09/2021 10:51 AM

http://www.businesswire.com/news/home/20210709005307/en