KBRA Releases Auto Loan ABS Indices for October 2021

NEW YORK–(BUSINESS WIRE)– #KBRA–Kroll Bond Rating Agency (KBRA) releases its auto loan ABS indices for October 2021. Early-stage delinquencies (30-59 days past due) in KBRA’s Prime Auto Loan Index increased 4 basis points (bps) month-over-month (MoM) to 0.84%, while late-stage delinquencies (60+ days past due) rose 1 bp to 0.29%. Meanwhile, early- and late-stage delinquencies in KBRA’s Non-Prime Auto Loan Index were up 42 bps and 29 bps MoM, respectively, at 7.2% and 3.94%. Annualized net losses (AN

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