DBRS Confirms Ford Auto Securitization Trust 2010-R2

As part of DBRS’s continued effort to provide market participants with updates on an annual basis, DBRS has today confirmed the ratings on the following notes (collectively, the Notes) issued privately by Ford Auto Securitization Trust (the Trust):

– AAA (sf) on the Asset-Backed Notes, Series 2010-R2, Class A
– AA (sf) on the Asset-Backed Notes, Series 2010-R2, Class B
– A (sf) on the Asset-Backed Notes, Series 2010-R2, Class C
– BB (high) (sf) on the Asset-Backed Notes, Series 2010-R2, Class D

The collateral has performed well since inception and continues to perform within expectations. In addition, the overall protection levels are high and could withstand a significant deterioration in credit performance.

DBRS is committed to confirming the ratings of publicly rated asset-backed securities transactions on an annual basis as part of the continuing effort to provide market participants with timely and transparent updates.

Notes:
The applicable methodology is Rating Canadian Auto Loan Securitization, which is available on our website under Methodologies.