KBRA’s U.S. RMBS Credit Indices (KCIs) track early- (30-59 days), mid- (60-89 days), and late-stage (90+ days) delinquencies, observed modifications, prepayment speeds, and other performance metrics across five major RMBS 2.0 subsectors: prime, non-prime, low loan-to-value (LTV) credit risk transfer (CRT), high LTV CRT, and home equity line of credit/closed-end second lien (HELOC/CES) pools. The link to the data shown in this report and other index metrics can be found here.
Monthly Overview
June remittance reports exhibited modest month-over-month (MoM) deterioration, concentrated in early-stage delinquencies. Early-stage delinquency rates increased across all five indices, including a 12-basis point (bp) MoM increase in the non-prime index and a 10-bp MoM rise in the HELOC/CES index. Mid-stage delinquencies were broadly stable, with four indices moving less than 1 bp; however, the…
Log in or Subscribe to KBRA Premium to view this report.
Trusted Ratings. Actionable Intelligence.
With a KBRA Premium subscription, you gain full access to KBRA’s authoritative ratings, deep research, and industry-leading analytics. Built for market professionals who require clarity, context, and confidence in every decision.