Le Lézard
Classified in: Covid-19 virus
Subject: Bond/Stock Rating

KBRA Releases Marketplace Consumer Loan Indices for June


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

June remittance reports, which reflect collections in May (the second full month of pandemic-related stress) showed that delinquency rates continue to trend downward. While these early indicators are positive from a credit perspective, more elevated credit stress may transpire in the coming months due to a number of factors. These include high levels of unemployment, diminishing impact of stimulus checks, the looming expiration of enhanced unemployment benefits at month end, and increasing COVID-19 cases in a number of states.

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.


These press releases may also interest you

at 18:50
Latin America CDC a Must, say Public Health Leaders and AHF
In response to the unprecedented challenges that Latin America has faced during various health crises such as AH1N1, Zika, COVID-19, and Dengue, a prominent group of former health ministers and public health academics from the region has published in...

at 18:00
SIMPLY BETTER BRANDS CORP. ANNOUNCES ISSUANCE OF SHARES PURSUANT TO VIBEZ AGREEMENT
Simply Better Brands Corp. ("SBBC" or the "Company") announces that, further to the Company's news release dated January 25, 2023, and in connection with the Branding Earnout Agreement dated January 25, 2023, the Company has issued 89,966 common...

at 16:35
CHEGG INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Chegg, Inc. - CHGG
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Chegg, Inc. . Chegg is a publicly traded educational technology...

at 16:30
Whitman-Walker Institute Applauds the Biden-Harris Administration for Finalizing Robust Affordable Care Act Nondiscrimination Protections for LGBTQI+ Communities
Today, the Biden-Harris Administration released a final rule under Section 1557, the core nondiscrimination provision of the Affordable Care Act. This groundbreaking rule marks a critical step in protecting access to health care and coverage for...

at 16:30
Farmmi Receives NASDAQ Notification Regarding Minimum Bid Requirements
Farmmi, Inc. ("Farmmi" or the "Company") , an agriculture products supplier in China, today announced that on April 22, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in...

at 16:20
AMC Entertainment Holdings, Inc. Previews First Quarter 2024 Preliminary Results and Announces First Quarter 2024 Earnings Webcast
AMC Entertainment Holdings, Inc. (the "Company," or "AMC"), today released preliminary results for the first quarter ended March 31, 2024. The preliminary results are unaudited, subject to completion of the Company's financial reporting processes,...

More news about Covid-19 virus...


News published on and distributed by: