KBRA Credit Profile Releases KCP K-LOC Index: January 2022
KBRA Credit Profile (KCP), a division of KBRA Analytics, releases its KCP K-LOC Index for the month of January.
- KBRA Credit Profile (KCP), a division of KBRA Analytics, releases its KCP K-LOC Index for the month of January.
- The KBRA Loan of Concern (K-LOC) Index was 23.84% in January 2022, down from 24.17% in December 2021 and the trailing 12-month high of 29.43% in February 2021.
- The K-LOC designation serves as KBRAs primary metric used to identify loans that are in default or at heightened risk of default based on KBRA Credit Profiles (KCP) proprietary research and analysis.
- The KLOC Index for January 2022 is a composite of 3,932 K-LOCs with an aggregate UPB of $81.27 billion across 436 post-crisis conduit transactions.