Kroll Bond Rating Agency (KBRA) releases its marketplace consumer loan indices for September.

September remittance reports showed stable credit performance in securitized marketplace consumer loan pools during the August collection period. Annualized net losses increased slightly in both our Tier 1 and Tier 2 indices on a month-over-month (MoM) basis, while 30+ day delinquency rates remained relatively flat versus the previous month. Meanwhile, prepayment rates remained at elevated levels, as labor marker gains and low rates likely supported borrower debt reduction.

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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.

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