KBRA Releases Monthly Auto Loan Indices for January

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its auto loan indices for the
month of January. The accompanying commentary highlights the fact that
credit performance was mixed across securitized auto loan pools last
month. KBRA expects delinquency and loss rates in KBRA’s Prime and
Non-Prime Indices to hold steady or fall in February as borrowers begin
to receive tax refunds, providing an additional source of cash flow to
help them pay their auto loans.

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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
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, is recognized by the National
Association of Insurance Commissioners as a Credit Rating Provider, and
is 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.


Analytical Contacts:
Ford, CFA, Structured Finance Research
(646) 731-2329

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