Press Release

DBRS Assigns Provisional Ratings to First Investors Auto Owner Trust 2014-3

Auto
November 03, 2014

DBRS has today assigned provisional ratings to the following notes issued by First Investors Auto Owner Trust 2014-3:

-- Series 2014-3 Notes, Class A-1 at R-1 (high) (sf)
-- Series 2014-3 Notes, Class A-2 at AAA (sf)
-- Series 2014-3 Notes, Class A-3 at AAA (sf)
-- Series 2014-3 Notes, Class B at AA (sf)
-- Series 2014-3 Notes, Class C at A (sf)
-- Series 2014-3 Notes, Class D at BBB (sf)

Notes:
The applicable methodology is Rating U.S. Retail Auto Loan Securitizations (August 2013), which can be found on our website under Methodologies.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

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

The full report providing additional analytical detail is available by clicking on the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.

Ratings

  • 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