Fitch Affirms All Outstanding Classes of Ford Auto Securitization Trust 2012-R1; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed all outstanding classes of Ford Auto Securitization Trust 2012-R1 as follows: –Class A-3 at ‘AAAsf’; Outlook Stable; –Class B at ‘AAAsf’; Outlook Stable; –Class C at ‘AAAsf’; Outlook Stable; –Class D at ‘AAAsf’ Outlook Stable. KEY RATING DRIVERS The rating actions are based on available credit enhancement and loss performance. The collateral pool continues to perform within Fitch’s expectations. Under the credit enhancement structure, th
Source: BusinessWire-Primary

Fitch Affirms All Outstanding Classes of Ford Auto Securitization Trust 2012-R1; Outlook Stable