Trepp and Kroll Partner for CMBS Surveillance Product

Trepp, LLC has announced an agreement with Kroll Bond Rating Agency (KBRA) to integrate its newly released CMBS surveillance product KCP (KBRA Credit Profile Reports) with the Trepp product suite.  According to the agreement, Trepp will provide authorized clients access to KBRA credit reports through its products. “As Trepp looks to enhance its product suite with more comprehensive third-party news and analysis, KBRA’s monitoring service is a natural addition to our platform,” said Tom Fink, senior managing director at Trepp. “KBRA’s reports offer an additional view of outstanding CMBS and their underlying loans,” Fink said. KBRA’s Credit Profile (KCP) reports provide valuations and losses for the collateral securing credit-impaired loans  that enable forecasting of both probability of default and resolution timing. The concise reports add functionality and provide transparency around Trepp’s assumptions, along with color and commentary regarding loan and transaction performance. “We are pleased to deliver KBRA’s new surveillance service through Trepp’s well-established platform.  The combination is a win-win for our joint subscribers—providing a one-stop-shop with the highest and best tools users need to make their credit decisions. The KCP Reports offer a fresh perspective on surveillance, with the most robust analysis available in the marketplace,” said Eric Thompson, senior managing director of Kroll Bond Rating Agency.