KBRA Releases Inaugural KBRA Credit Profile (KCP) K-LOC Index

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the launch of the KBRA Credit Profile (KCP) K-LOC Index. The establishment of the Index provides a useful credit performance metric for CMBS industry constituents across multiple CMBS cohorts, including CMBX during the month of March 2018. The KBRA Loan of Concern (K-LOC) designation serves as KBRA’s primary metric used to identify loans that are in default or at heightened risk of default based on KCP’s proprieta