2012-02-02
NEW YORK, NY (February 2, 2012) - Kroll Bond Rating Agency (KBRA) extends public comment on its Auto Loan ABS Rating Methodology to February 15, 2012. The methodology provides detailed insight into the rating methodology of prime and subprime U.S. auto loan asset-backed securities (ABS). KBRA’s rating of an auto loan ABS transaction addresses the quality and expected performance of the underlying collateral; the originator and servicer’s business model and operational strength; and the transaction terms including the capital structure, credit enhancement, and legal structure.
Comments should be submitted to abs-auto-comments@krollbondratings.com on or before February 15, 2012. Following the review and evaluation of all submissions, KBRA will publish a final version of this report.
The Auto Loan ABS Rating Methodology can be found at www.krollbondratings.com.
Contacts:
Rosemary Kelley
Senior Director
917-281-3296
rkelley@krollbondratings.com
Eric Williamson
Senior Managing Director
917-281-3280
ewilliamson@krollbondratings.com
About Kroll Bond Rating Agency
Kroll Bond Rating Agency, Inc. (www.krollbondratings.com) is registered with the SEC as a nationally recognized statistical rating organization (NRSRO). Kroll Bond Rating Agency was established in 2010 to restore trust in credit ratings by establishing new standards for assessing risk and by offering accurate, clear, and transparent ratings.
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