Press Release

DBRS Discontinues Ratings on First Investors Auto Owner Trust 2011-1

Auto
May 13, 2014

DBRS has today discontinued all outstanding ratings on the notes issued by First Investors Auto Owner Trust 2011-1 due to repayment of the notes as follows:

-- Series 2011-1, Class C Notes previously rated AAA (sf) now Discontinued - Repaid
-- Series 2011-1, Class D Notes previously rated AAA (sf) now Discontinued - Repaid
-- Series 2011-1, Class E Notes previously rated AA (sf) now Discontinued - Repaid

All other debts in this series were previously discontinued due to repayment.

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

Ratings

First Investors Auto Owner Trust 2011-1
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.