UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
AMENDMENT NO.1
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2020
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
333-205992-02
(Commission File Number of Issuing Entity)
Volkswagen Auto Loan Enhanced Trust 2018-2
(Exact name of Issuing Entity as specified in its charter)
Central Index Key Number of Issuing Entity: 0001756401
Volkswagen Auto Lease/Loan Underwritten Funding, LLC
(Exact name of Depositor as specified in its charter)
Central Index Key Number of Depositor: 0001182534
VW Credit, Inc.
(Exact name of Sponsor as specified in its charter)
Central Index Key Number of Securitizer: 0000833733
State of Delaware | 83-6429606 | |
(State or other jurisdiction of incorporation or organization of Registrant) |
(I.R.S. Employer Identification No. of Registrant) | |
2200 Woodland Pointe Avenue Herndon, Virginia | 20171 | |
(Address of principal executive offices of Registrant) | (Zip Code of Registrant) |
(703) 364-7000
(Registrants telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Securities Exchange Act:
Title of each class |
Name of each exchange on which registered | |
None | None |
Securities registered pursuant to Section 12(g) of the Securities Exchange Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Securities Exchange Act. ☐ Yes ☒ No
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). ☒ Yes ☐ No
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☒
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act.
Large accelerated filer: | ☐ | Accelerated filer: | ☐ | |||
Non-accelerated filer: | ☒ | Smaller reporting company: | ☐ | |||
Emerging growth company: | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act). Yes ☐ No ☒
State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrants most recently completed second fiscal quarter. None
Documents incorporated by reference: None
EXPLANATORY NOTE
This Amendment No. 1 amends the Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the Securities and Exchange Commission on March 30, 2021 and is being filed for the purpose of amending the exhibits by removing the incorrect exhibits that were filed with the Form 10-K and filing the exhibits listed in the Exhibit Index below.
Other than as discussed above, this Form 10-K/A does not update or amend any other information as originally filed on the Form 10-K and does not otherwise reflect events occurring after the original filing date of the Form 10-K. Accordingly, this Form 10-K/A should be read in conjunction with the Form 10-K and with other filings made by the issuing entity with the Securities and Exchange Commission subsequent to the filing of the Form 10-K.
FORM 10-K
PART 1
THE FOLLOWING ITEMS HAVE BEEN OMITTED IN ACCORDANCE WITH GENERAL INSTRUCTION J(1) TO FORM 10-K:
(A) Item 1 | Business. | |
(B) Item 1A | Risk Factors. | |
(C) Item 2 | Properties. | |
(D) Item 3 | Legal Proceedings. |
Item 1B. Unresolved Staff Comments.
Not Applicable.
Item 4. Mine Safety Disclosures.
Not Applicable.
PART II
THE FOLLOWING ITEMS HAVE BEEN OMITTED IN ACCORDANCE WITH GENERAL INSTRUCTION J(1) TO FORM 10-K:
(A) Item 5 | Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. | |
(B) Item 6 | Selected Financial Data. | |
(C) Item 7 | Managements Discussion and Analysis of Financial Condition and Results of Operations. | |
(D) Item 7A | Quantitative and Qualitative Disclosures About Market Risk. | |
(E) Item 8 | Financial Statements and Supplementary Data. | |
(F) Item 9 | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. | |
(G) Item 9A | Controls and Procedures. |
Item 9B. Other Information.
None.
PART III
THE FOLLOWING ITEMS HAVE BEEN OMITTED IN ACCORDANCE WITH GENERAL INSTRUCTION J(1) TO FORM 10-K:
(A) Item 10 | Directors, Executive Officers and Corporate Governance. | |
(B) Item 11 | Executive Compensation. | |
(C) Item 12 | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. | |
(D) Item 13 | Certain Relationships and Related Transactions, and Director Independence. | |
(E) Item 14 | Principal Accountant Fees and Services. |
PART IV
Item 15. Exhibits and Financial Statement Schedules.
(a) | (1) Not applicable. |
(2) Not applicable.
(3) The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index.
(b) | The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index. |
(c) | None. |
Item 16. Form 10-K Summary.
Not Applicable.
SUBSTITUTE INFORMATION PROVIDED IN ACCORDANCE WITH GENERAL INSTRUCTION J(2) TO FORM 10-K:
Item 1112(b) of Regulation AB. Significant Obligors of Pool Assets (Financial Information).
Not Applicable.
Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain Derivatives Instruments (Information Regarding Significant Enhancement Providers).
Not Applicable.
Item 1115(b) of Regulation AB. Certain Derivatives Instruments (Financial Information).
Not Applicable.
Item 1117 of Regulation AB. Legal Proceedings.
Volkswagen AG and other Volkswagen Group companies, including VW Credit, Inc., have been the subject of intense scrutiny, ongoing investigations (civil and criminal) and civil litigation relating to TDI diesel engines. Volkswagen AG and other Volkswagen Group companies have received subpoenas and inquiries from state attorneys general and other governmental and regulatory authorities and are responding to such investigations and inquiries, including in areas relating to securities, financing and tax.
One such legal action to which VW Credit, Inc. and certain other Volkswagen Group companies are subject is a civil action brought by the SEC pursuant to a complaint filed in the U.S. District Court for the Northern District of California on March 14, 2019. The complaint alleged that VW Credit, Inc., its indirect 100% parent, Volkswagen AG, an affiliate, Volkswagen Group of America Finance, LLC, and the former Chief Executive Officer of Volkswagen AG, Martin Winterkorn, violated the U.S. securities laws by selling certain bonds and asset-based securities without disclosure concerning the existence of defeat devices, as defined under U.S. law, in certain diesel vehicles, and related exposures.
On August 20, 2020, the U.S. District Court for the Northern District of California granted in part the Volkswagen defendants motion to dismiss the complaint, dismissing all claims related to VW Credit, Inc. and its issuance of certain bonds and automotive asset-backed securities (ABS). With respect to VW Credit, Inc., the court held that the SECs claims had already been released by virtue of Volkswagens settlement with the U.S. Department of Justice for claims made under the Financial Institutions Reform, Recovery and Enforcement Act, 12 U.S.C. § 1833a, related to VW Credit, Inc. and the ABS.
On September 4, 2020, the SEC filed an amended complaint and removed its claims against VW Credit, Inc. To date, the SEC has not sought to pursue a direct appeal as to the claims against VW Credit, Inc; however, the SEC may attempt to appeal after the resolution of all remaining claims in the amended complaint. The other Volkswagen Group entities named in the complaint intend to continue to contest the SECs allegations in the amended complaint.
Except as described above, no legal proceedings are pending against any of VW Credit, Inc. (in its capacity as the sponsor (the Sponsor), in its capacity as an originator contemplated by Item 1110(b) of Regulation AB (the Originator), in its capacity as servicer (the Servicer) and in its capacity as administrator of Volkswagen Auto Loan Enhanced Trust 2018-2 (the Issuing Entity)), Volkswagen Auto Lease/Loan Underwritten Funding, LLC (the Depositor), Deutsche Bank Trust Company Americas (the Indenture Trustee), Citicorp Trust Delaware, National Association (the Issuer Delaware Trustee), Citibank, N.A. (the Owner Trustee), or the Issuing Entity or of which any property of the foregoing is the subject that are or would be material to holders of the asset-backed notes (the Notes) or the asset-backed certificate (the Certificate). No such proceedings are known to be contemplated by governmental authorities.
Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.
Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119.
Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.
The Servicer and the Indenture Trustee (collectively, the Servicing Parties) have each been identified by the Depositor as parties participating in the servicing function with respect to the asset pool held by the Issuing Entity. Each of the Servicing Parties has completed a report on an assessment of compliance with the servicing criteria set forth in paragraph (d) of Item 1122 of Regulation AB applicable to it (each, a Servicing Assessment Report), which Servicing Assessment Reports are attached as exhibits to this Form 10-K. In addition, each of the Servicer and the Indenture Trustee has provided an attestation report (each, an Attestation Report) by a registered public accounting firm, which reports are also attached as exhibits to this Form 10-K. Neither the Indenture Trustees Servicing Assessment Report nor the Indenture Trustees Attestation Report has identified any material instance of noncompliance with the servicing criteria applicable to the Indenture Trustee.
The Servicer complied in all material respects with the servicing criteria applicable to it.
Item 1123 of Regulation AB. Servicer Compliance Statement.
The Servicer has completed a statement of compliance with its activities during the reporting period and of its performance under the applicable servicing agreement (a Compliance Statement), signed by an authorized officer of the Servicer. The Compliance Statement is attached as Exhibit 35.1 to this Form 10-K.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Depositor has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
May 20, 2021
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2018-2 | ||
By: VW Credit, Inc., as Servicer | ||
By: | /s/ Garett Miles | |
Garett Miles | ||
Head of Securitization and Assistant Treasurer | ||
(senior officer in charge of the servicing function) |
EXHIBIT 31.1
CERTIFICATION OF SENIOR OFFICER IN CHARGE OF THE SERVICING FUNCTION OF THE SERVICER PURSUANT TO Rule 15d-14(d)
I, Garett Miles, certify that:
1. | I have reviewed this report on Form 10-K, and all reports on Form 10-D required to be filed in respect of the period covered by this report on Form 10-K of Volkswagen Auto Loan Enhanced Trust 2018-2 (the Exchange Act periodic reports); |
2. | Based on my knowledge, the Exchange Act periodic reports, taken as a whole, do not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
3. | Based on my knowledge, all of the distribution, servicing and other information required to be provided under Form 10-D for the period covered by this report is included in the Exchange Act periodic reports; |
4. | I am responsible for reviewing the activities performed by the servicer and based on my knowledge and the compliance review conducted in preparing the servicer compliance statement required in this report under Item 1123 of Regulation AB, and except as disclosed in the Exchange Act periodic reports, the servicer has fulfilled its obligations under the servicing agreement in all material respects; and |
5. | All of the reports on assessment of compliance with servicing criteria for asset-backed securities and their related attestation reports on assessment of compliance with servicing criteria for asset-backed securities required to be included in this report in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have been included as an exhibit to this report, except as otherwise disclosed in this report. Any material instances of noncompliance described in such reports have been disclosed in this report on Form 10-K. |
In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated party: Deutsche Bank Trust Company Americas.
March 23, 2021
/s/ Garett Miles |
Garett Miles |
Head of Securitization and Assistant Treasurer |
(senior officer in charge of the servicing function) |
EXHIBIT 33.1
Report on Assessment of Compliance with Applicable Servicing Criteria of VW Credit, Inc.
March 23, 2021
1. VW Credit, Inc. (VCI) is responsible for assessing compliance with the servicing criteria applicable to it set forth in paragraph (d) of Item 1122 of Regulation AB as of December 31, 2020 and for the period from January 1, 2020 through December 31, 2020 (the Reporting Period) as set forth in Exhibit A hereto. This report does not include asset backed securities transactions for which VCI acted as servicer involving retail auto loans consummated prior to the effectiveness of Regulation AB. The sole asset-backed securities transaction covered by this report was the Volkswagen Auto Loan Enhanced Trust 2018-2.
2. Except as set forth in paragraph 3 below, VCI used the criteria set forth in paragraph (d) of Item 1122 of Regulation AB to assess compliance with the applicable servicing criteria.
3. VCI has determined that the criteria in the column titled Inapplicable Servicing Criteria on Exhibit A hereto (collectively, the Inapplicable Servicing Criteria) are not applicable to VCI based on the activities VCI performs with respect to asset backed securities transactions involving retail auto loans other than transactions consummated prior to the effectiveness of Regulation AB. The criteria set forth in paragraph (d) of Item 1122 of Regulation AB other than the Inapplicable Servicing Criteria are referred to as the Applicable Servicing Criteria.
4. VCI has complied, in all material respects, with the Applicable Servicing Criteria as of December 31, 2020 and for the Reporting Period with respect to its asset backed securities transactions involving retail auto loans other than transactions consummated prior to the effectiveness of Regulation AB.
5. Baker Tilly US, LLP, an independent registered public accounting firm, has issued an attestation report on VCIs assessment of compliance with the Applicable Servicing Criteria as of December 31, 2020 and for the Reporting Period.
VW CREDIT, INC. | ||
By: | /s/ Garett Miles | |
Garett Miles | ||
Head of Securitization and Assistant Treasurer |
EXHIBIT A
SERVICING CRITERIA |
APPLICABLE SERVICING CRITERIA |
INAPPLICABLE | ||||||
Reference | Criteria |
Performed by Servicer |
Performed By Trustee |
|||||
General Servicing Criteria | ||||||||
1122(d)(1)(i) | Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements | ✓ | ||||||
1122(d)(1)(ii) | If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third partys performance and compliance with such servicing activities. | ✓ - No material servicing activities outsourced except indentured trustee who is required to provide the certifications and annual reports concerning criteria 1122 (d) (2) (iii), (iv) & (v) | ||||||
1122(d)(1)(iii) | Any requirements in the transaction agreements to maintain a back-up servicer for the pool assets are maintained. | ✓ - Transaction documents do not require a back-up servicer | ||||||
1122(d)(1)(iv) | A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. | ✓ | ||||||
1122(d)(1)(v) | Aggregation of information, as applicable, is mathematically accurate and the information conveyed accurately reflects the information. | ✓ | ||||||
Cash Collection and Administration | ||||||||
1122(d)(2)(i) | Payments on pool assets are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. | ✓ | ||||||
1122(d)(2)(ii) | Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. | ✓ | ✓ | |||||
1122(d)(2)(iii) | Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. | ✓ | ||||||
1122(d)(2)(iv) | The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. | ✓ | ||||||
1122(d)(2)(v) | Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, federally insured depository institution with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | ✓ | ||||||
1122(d)(2)(vi) | Unissued checks are safeguarded so as to prevent unauthorized access. | ✓ | ||||||
1122(d)(2)(vii) | Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction agreements. | ✓ | ||||||
Investor Remittances and Reporting | ||||||||
1122(d)(3)(i) | Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors or the Trustsees records as to the total unpaid principal balance and number of pool assets serviced by the Servicer. | ✓ | ||||||
1122(d)(3)(ii) | Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. | ✓- except with respect to remittances | ✓ |
1122(d)(3)(iii) | Disbursements made to an investor are posted within two business days to the Servicers investor records, or such other number of days specified in the transaction agreements. | ✓ | ||||||
1122(d)(3)(iv) | Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | ✓ | ||||||
Pool Asset Administration | ||||||||
1122(d)(4)(i) | Collateral or security on pool assets is maintained as required by the transaction agreements or related asset pool documents. | ✓ | ||||||
1122(d)(4)(ii) | Pool assets and related documents are safeguarded as required by the transaction agreements. | ✓ | ||||||
1122(d)(4)(iii) | Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. | ✓ | ||||||
1122(d)(4)(iv) | Payments on pool assets, including any payoffs, made in accordance with the related pool asset documents are posted to the Servicers obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related asset pool documents. | ✓ | ||||||
1122(d)(4)(v) | The Servicers records regarding the pool assets agree with the Servicers records with respect to an obligors unpaid principal balance. |
✓ | ||||||
1122(d)(4)(vi) | Changes with respect to the terms or status of an obligors pool asset (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. | ✓ | ||||||
1122(d)(4)(vii) | Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. | ✓ | ||||||
1122(d)(4)(viii) | Records documenting collection efforts are maintained during the period a pool asset is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entitys activities in monitoring delinquent pool assets including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). | ✓ | ||||||
1122(d)(4)(ix) | Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents. | ✓ | ||||||
1122(d)(4)(x) | Regarding any funds held in Trusts for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligors pool asset documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable pool asset documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related pool assets, or such other number of days specified in the transaction agreements. | ✓ | ||||||
1122(d)(4)(xi) | Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. | ✓ | ||||||
1122(d)(4)(xii) | Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicers funds and not charged to the obligor, unless the late payment was due to the obligors error or omission. | ✓ | ||||||
1122(d)(4)(xiii) | Disbursements made on behalf of an obligor are posted within two business days to the obligors records maintained by the servicer, or such other number of days specified in the transaction agreements. | ✓ | ||||||
1122(d)(4)(xiv) | Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. | ✓ | ||||||
1122(d)(4)(xv) | Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. | ✓ - No escrow accounts managed for obligors |
Exhibit 33.2
MANAGEMENTS ASSERTION OF COMPLIANCE
Management of the Trust & Agency Services department of Deutsche Bank National Trust Company and Deutsche Bank Trust Company Americas (collectively the Company) is responsible for assessing the servicing criteria set forth in Item 1122(d) of Regulation AB promulgated by the Securities and Exchange Commission to determine which criteria are applicable to the Company in respect of the servicing platform described below. Management has determined that the servicing criteria are applicable in regard to the servicing platform as of and for the period as follows:
Platform: Publicly-issued (i.e., transaction-level reporting required under the Securities Exchange Act of 1934, as amended) and certain privately-issued (i.e., for which transaction-level reporting is required pursuant to contractual obligation) residential mortgage-backed securities, commercial mortgage-backed securities and other asset-backed securities issued on or after January 1, 2006, for which the Company provides trustee, certificate administrator, securities administration, paying agent or custodian services, as defined in the transaction agreements, excluding publicly-issued securities sponsored or issued by any government sponsored entity (the Platform) (see Appendix A).
Applicable Servicing Criteria: All servicing criteria set forth in Item 1122(d), to the extent required by Item 1122(d) servicing criteria in regards to the activities performed by the Company with respect to the Platform as to any transaction, except for the following criteria: 1122(d)(4)(iv) 1122(d)(4)(xiv), which management has determined are not applicable to the activities the Company performs with respect to the Platform (the Applicable Servicing Criteria). With respect to Applicable Servicing Criteria 1122(d)(1)(ii), 1122(d)(1)(iii), 1122(d)(2)(iii) and 1122(d)(4)(iii) there were no activities performed during the year ended December 31, 2020 with respect to the Platform, because there were no occurrences of events that would require the Company to perform such activities.
Period: Year ended December 31, 2020 (the Period).
Managements interpretation of Applicable Servicing Criteria: The Companys management has determined that servicing criterion 1122(d)(1)(iii) is applicable only with respect to its continuing obligation to act as, or locate a, successor servicer under the circumstances referred to in certain transaction agreements. It is managements interpretation that the Company has no other active back-up servicing responsibilities in regards to servicing criterion 1122(d)(1)(iii) as of and for the Period. The Companys management has determined that servicing criterion 1122(d)(1)(v) is applicable only to the activities the Company performs related to the mathematically accurate aggregation of information received from servicers and the accurate conveyance of such information within reports to investors. The Companys management has determined that servicing criterion 1122(d)(4)(iii) is applicable to the activities the Company performs with respect to the Platform only as it relates to the Companys obligation to report additions, removals or substitutions on reports to investors in accordance with the transaction agreements.
With respect to the Platform as of and for the Period, the Companys management provides the following assertion of compliance with respect to the Applicable Servicing Criteria:
| The Companys management is responsible for assessing the Companys compliance with the Applicable Servicing Criteria. |
| The Companys management has assessed compliance with the Applicable Servicing Criteria. In making this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB. |
| Based on such assessment, the Company has complied, in all material respects with the Applicable Servicing Criteria. |
Ernst & Young LLP, an independent registered public accounting firm, has issued an attestation report with respect to managements assertion of compliance with the Applicable Servicing Criteria as of and for the Period.
DEUTSCHE BANK NATIONAL TRUST COMPANY | ||
By: | /s/ David Co | |
Name: David Co | ||
Its: Director | ||
By: | /s/ Matt Bowen | |
Name: Matt Bowen | ||
Its: Managing Director | ||
By: | /s/ Christopher Corcoran | |
Name: Christopher Corcoran | ||
Its: Director | ||
DEUTSCHE BANK TRUST COMPANY AMERICAS | ||
By: | /s/ David Co | |
Name: David Co | ||
Its: Director | ||
By: | /s/ Christopher Corcoran | |
Name: Christopher Corcoran | ||
Its: Director |
Dated: February 26, 2021
Appendix A
Asset-Backed Transactions and Securities Constituting the PlatformMBS Deals | ||||
Deal ID |
Deal Name |
Series | ||
AA0601 | Aames Mortgage Investment Trust | 2006-1 | ||
AB07O1 | Alliance Bancorp Trust | 2007-OA1 | ||
AC0601 | Accredited Mortgage Loan Trust | 2006-1 | ||
AC0602 | Accredited Mortgage Loan Trust | 2006-2 | ||
AC0701 | Accredited Mortgage Loan Trust | 2007-1 | ||
AG0601 | Aegis Asset Backed Securities Trust | 2006-1 | ||
AH0601 | American Home Mortgage Investment Trust | 2006-1 | ||
AH0602 | American Home Mortgage Investment Trust | 2006-2 | ||
AH0603 | American Home Mortgage Investment Trust | 2006-3 | ||
AH06A1 | American Home Mortgage Assets | 2006-1 | ||
AH06A2 | American Home Mortgage Assets Trust | 2006-2 | ||
AH06A5 | American Home Mortgage Assets | Series 2006-5 | ||
AH06A6 | American Home Mortgage Assets | Series 2006-6 | ||
AH0701 | American Home Mortgage Investment Trust | 2007-1 | ||
AH0702 | American Home Mortgage Investment Trust | 2007-2 | ||
AH07A1 | American Home Mortgage Assets Trust | 2007-1 | ||
AH07A2 | American Home Mortgage Assets | 2007-2 | ||
AH07A3 | American Home Mortgage Assets 2007-3 | Series 2007-3 | ||
AH07A4 | American Home Mortgage Assets | Series 2007-4 | ||
AH07A5 | American Home Mortgage Assets | Series 2007-5 | ||
AQ0601 | Ameriquest Mortgage Securities, Inc. | 2006-R1 | ||
AQ0602 | Ameriquest Mortgage Securities, Inc. | 2006-R2 | ||
AQ06M3 | Ameriquest Mortgage Securities, Inc. | 2006-M3 | ||
AR0601 | Argent Securities Inc. | 2006-W1 | ||
AR0602 | Argent Securities Inc. | 2006-W2 | ||
AR0603 | Argent Securities Inc. | 2006-W3 | ||
AR0604 | Argent Securities Inc. | 2006-W4 | ||
AR0605 | Argent Securities Inc. | 2006-W5 | ||
AR06M1 | Argent Securities Inc. | 2006-M1 | ||
AR06M2 | Argent Securities Inc. | 2006-M2 | ||
BA15SK | SFAVE Commercial Mortgage Securities Trust | 2015-5AVE | ||
BC0601 | Securitized Asset Backed Receivables LLC Trust | 2006-WM3 | ||
BC06F4 | Securitized Asset Backed Receivables LLC Trust | 2006-FR4 | ||
BC06W4 | Securitized Asset Backed Receivables LLC Trust | 2006-WM4 | ||
BC0701 | BCAP LLC Trust | 2007-AA1 | ||
BC0702 | BCAP LLC Trust | 2007-AA2 | ||
BC0703 | BCAP LLC Trust | 2007-AA3 | ||
BC0704 | BCAP LLC Trust | 2007-AA4 | ||
BC0705 | BCAP LLC Trust | 2007-AB1 | ||
BC07B1 | Securitized Asset Backed Receivables LLC Trust | 2007-BR1 | ||
BC07B2 | Securitized Asset Backed Receivables LLC Trust | 2007-BR2 |
BC07B3 | Securitized Asset Backed Receivables LLC Trust | 2007-BR3 | ||
BC07B4 | Securitized Asset Backed Receivables LLC Trust | 2007-BR4 | ||
BC07B5 | Securitized Asset Backed Receivables LLC Trust | 2007-BR5 | ||
BC07C1 | Securitized Asset Backed Receivables LLC Trust | 2007-NC1 | ||
BC07C2 | Securitized Asset Backed Receivables LLC Trust | 2007-NC2 | ||
BC07E1 | Equifirst Loan Securitization Trust | 2007-1 | ||
BC07H1 | Securitized Asset Backed Receivables LLC Trust | 2007-HE1 | ||
CD07C5 | CD | 2007-CD5 | ||
CI1423 | Citigroup Commercial Mortgage Trust | 2014-GC23 | ||
CI1425 | Citigroup Commercial Mortgage Trust | 2014-GC25 | ||
CI14F1 | CG-CCRE Commercial Mortgage Trust | 2014-FL1 | ||
CI14F2 | CG-CCRE Commercial Mortgage Trust | 2014-FL2 | ||
CI1527 | Citigroup Commercial Mortgage Trust | 2015-GC27 | ||
CI1529 | Citigroup Commercial Mortgage Trust | 2015-GC29 | ||
CI1531 | Citigroup Commercial Mortgage Trust | 2015-GC31 | ||
CI1533 | Citigroup Commercial Pass-Through Certificates | Series 2015-GC33 | ||
CI1535 | Citigroup Commercial Pass-Through Certificates | Series 2015-GC35 | ||
CI15P1 | Citigroup Commercial Mortgage Trust | 2015-P1 | ||
CI15SM | CGBAM Commercial Mortgage Trust | 2015-SMRT | ||
CI1637 | Citigroup Commercial Mortgage Trust | 2016-GC37 | ||
CI16C1 | Citigroup Commercial Mortgage Trust | 2016-C1 | ||
CI16C2 | Citigroup Commercial Mortgage Trust | 2016-C2 | ||
CI16C3 | Citigroup Commercial Mortgage Trust | 2016-C3 | ||
CI16P4 | Citigroup Commercial Mortgage Trust | 2016-P4 | ||
CI16P5 | Citigroup Commercial Mortgage Trust | 2016-P5 | ||
CI16P6 | Citigroup Commercial Mortgage Trust | 2016-P6 | ||
CI17B1 | Citigroup Commercial Mortgage Trust | 2017-B1 | ||
CI17P7 | Citigroup Commercial Mortgage Trust | 2017-P7 | ||
DB06G1 | Ace Securities Corp. Home Equity Loan Trust | 2006-GP1 | ||
DB07C9 | COMM | 2007-C9 | ||
DB11L2 | DBUBS | 2011-LC2 | ||
DB12C3 | COMM | 2012-CCRE3 | ||
DB12L4 | COMM | 2012-LC4 | ||
DB12LT | COMM | 2012-LTRT | ||
DB12VT | VNDO | 2012-6AVE | ||
DB1311 | COMM | 2013-CCRE11 | ||
DB1313 | COMM | 2013-LC13 | ||
DB133P | COMM | 2013-300P | ||
DB13BW | BWAY | 2013-1515 | ||
DB13C6 | COMM | 2013-CCRE6 | ||
DB13C8 | COMM | 2013-CCRE8 | ||
DB13C9 | COMM | 2013-CCRE9 | ||
DB13CC | COMM | 2013-CCRE13 | ||
DB13SF | COMM | 2013-SFS | ||
DB1414 | COMM | 2014-CCRE14 |
DB1417 | COMM | 2014-CCRE17 | ||
DB14AR | DBCCRE | 2014-ARCP | ||
DB14U2 | COMM | 2014-UBS2 Mortgage Trust | ||
DB14U4 | COMM | 2014-UBS4 | ||
DB1521 | COMM | 2015-LC21 | ||
DB1522 | COMM | 2015-CCRE22 | ||
DB1525 | COMM | 2015-CCRE25 | ||
DB15LC | DBWF | 2015-LCM | ||
DB1678 | COMM | 2016-787S | ||
DB1685 | DBWF | 2016-85T | ||
DB16D2 | COMM | 2016-DC2 | ||
DB16SF | DBJPM | 2016-SFC | ||
FF0603 | FFMLT Trust | 2006-FF3 | ||
FF0604 | FFMLT Trust | 2006-FF4 | ||
FF0606 | FFMLT Trust | 2006-FF6 | ||
FF0613 | FFMLT Trust | 2006-FF13 | ||
FF06F1 | First Franklin Mortgage Loan Trust | 2006-FF1 | ||
FF06F5 | First Franklin Mortgage Loan Trust | 2006-FF5 | ||
FF06F7 | First Franklin Mortgage Loan Trust | 2006-FF7 | ||
FF06FB | FFMLT Trust | 2006-FF11 | ||
FF07S1 | FFMLT Trust | 2007-FFB-SS | ||
GC0613 | HarborView Mortgage Loan Trust | 2006-13 | ||
GC0614 | HarborView Mortgage Loan Trust | 2006-14 | ||
GC06B1 | HarborView Mortgage Loan Trust | 2006-BU1 | ||
GC06D1 | DSLA Mortgage Pass-Through Certificates | 2006-AR1 | ||
GC06D2 | DSLA Mortgage Pass-Through Certificates | 2006-AR2 | ||
GC06E1 | Soundview Home Loan Trust | 2006-EQ1 | ||
GC06E2 | Soundview Home Loan Trust | 2006-EQ2 | ||
GC06F1 | Fremont Home Loan Trust | 2006-1 | ||
GC06F2 | Fremont Mortgage Loan Trust | 2006-2 | ||
GC06F3 | Fremont Home Loan Trust | 2006-3 | ||
GC06H2 | HarborView Mortgage Loan Trust | 2006-2 | ||
GC06H3 | HarborView Mortgage Loan Trust | 2006-3 | ||
GC06H5 | HarborView Mortgage Loan Trust | 2006-5 | ||
GC06H6 | HarborView Mortgage Loan Trust | Series 2006-6 | ||
GC06H7 | HarborView Mortgage Loan Trust | Series 2006-7 | ||
GC06H8 | HarborView Mortgage Loan Trust | Series 2006-8 | ||
GC06H9 | HarborView Mortgage Loan Trust | 2006-9 | ||
GC06O1 | Soundview Home Loan Trust | 2006-OPT1 | ||
GC06O2 | Soundview Home Loan Trust | 2006-OPT2 | ||
GC06O3 | Soundview Home Loan Trust | 2006-OPT3 | ||
GC06O4 | Soundview Home Loan Trust | 2006-OPT4 | ||
GC06O5 | Soundview Home Loan Trust | 2006-OPT5 | ||
GC06S1 | Soundview Home Loan Trust | 2006-1 | ||
GC06S2 | Soundview Home Loan Trust | 2006-2 |
GC06S3 | Soundview Home Loan Trust | 2006-3 | ||
GC06SA | Soundview Home Loan Trust | 2006-A | ||
GC06W1 | Soundview Home Loan Trust | 2006-WF1 | ||
GC06W2 | Soundview Home Loan Trust | 2006-WF2 | ||
GC06X1 | HarborView Mortgage Loan Trust | 2006-SB1 | ||
GC06Z8 | First Franklin Mortgage Loan Trust | 2006-FF8 | ||
GC06ZA | First Franklin Mortgage Loan Trust | 2006-FF16 | ||
GC070A | RBSGC Mortgage Loan Trust | 2007-A | ||
GC070B | RBSGC Mortgage Loan Trust | 2007-B | ||
GC071W | Soundview Home Loan Trust | 2007-WMC1 | ||
GC07D1 | DSLA Mortgage Pass-Through Certificates | 2007-AR1 | ||
GC07H2 | HarborView Mortgage Loan Trust | 2007-2 | ||
GC07H4 | HarborView Mortgage Loan Trust | Series 2007-4 | ||
GC07H5 | HarborView Mortgage Loan Trust | Series 2007-5 | ||
GC07H6 | HarborView Mortgage Loan Trust 2007-6 | MBS 0 | ||
GC07H7 | HarborView Mortgage Loan Trust 2007-7 | MBS 0 | ||
GC07S1 | Soundview Home Loan Trust | 2007-1 | ||
GC07V1 | Soundview Home Loan Trust | 2007-NS1 | ||
GS0602 | GSAA Trust | 2006-2 | ||
GS0604 | GSAA Trust | 2006-4 | ||
GS0607 | GSAA Trust | 2006-7 | ||
GS0608 | GSAA Trust | 2006-8 | ||
GS0610 | GSAA Trust | 2006-10 | ||
GS0611 | GSAA Trust | 2006-11 | ||
GS0613 | GSAA | 2006-13 | ||
GS0615 | GSAA | 2006-15 | ||
GS0616 | GSAA | 2006-16 | ||
GS0617 | GSAA Trust | 2006-17 | ||
GS0618 | GSAA Trust | 2006-18 | ||
GS061S | GSAA Trust | 2006-S1-1 (Group 1) | ||
GS062S | GSAMP Trust | 2006-S2 | ||
GS063S | GSAMP Trust | 2006-S3 | ||
GS064S | GSAMP Trust | 2006-S4 | ||
GS065S | GSAMP Trust | 2006-S5 | ||
GS066S | GSAMP Trust | 2006-S6 | ||
GS06C2 | GSAMP Trust | 2006-NC2 | ||
GS06F1 | GSAMP Trust | 2006-FM1 | ||
GS06F2 | GSAMP Trust | 2006-FM2 | ||
GS06F3 | GSAMP Trust | 2006-FM3 | ||
GS06G1 | Greenpoint Mortgage Funding Trust | 2006-OH1 | ||
GS06H1 | GSAMP Trust | 2006-HE1 | ||
GS06L1 | GSAMP Trust | 2006-S1 | ||
GS06O1 | GSR Trust | 2006-OA1 | ||
GS0702 | GSAA Trust | 2007-2 | ||
GS0704 | GSAA Trust | 2007-4 |
GS0705 | GSAA Trust | 2007-5 | ||
GS0706 | GSAA Trust | 2007-6 | ||
GS071H | GSAMP Trust | 2007-HSBC1 | ||
GS071S | GSAA Trust | 2007-S1 | ||
GS07A1 | GSR | 2007-AR1 | ||
GS07A2 | GSR Trust | 2007-AR2 | ||
GS07F1 | GSAMP Trust | 2007-FM1 | ||
GS07F2 | GSAMP Trust | 2007-FM2 | ||
GS07H1 | GSR Trust | 2007-HEL1 | ||
GS07O1 | GSR Trust | 2007-OA1 | ||
GS07O2 | GSR | 2007-OA2 | ||
GS07T1 | STARM Mortgage Loan Trust | 2007-1 | ||
GS07T4 | STARM | 2007-4 | ||
GS11C5 | GS Mortgage Securities Trust | 2011-GC5 | ||
GS12C7 | GS Mortgage Securities Corporation II | 2012-GCJ7 | ||
GS1312 | GS Mortgage Securities Corporation II | 2013-GCJ12 | ||
GS1314 | GS Mortgage Securities Corporation II | 2013-GCJ14 | ||
GS1418 | GS MORTGAGE SECURITIES CORPORATION II | 2014-GC18 | ||
GS1422 | GS MORTGAGE SECURITIES CORPORATION II | 2014-GC22 | ||
HB0601 | HSI Asset Securitization Corporation Trust | 2006-OPT1 | ||
HB0602 | HSI Asset Securitization Corporation Trust | 2006-OPT2 | ||
HB0603 | HSI Asset Securitization Corporation Trust | 2006-OPT3 | ||
HB0604 | HSI Asset Securitization Corporation Trust | 2006-OPT4 | ||
HB06C1 | HSI Asset Securitization Corporation Trust | 2006-NC1 | ||
HB06H1 | HASCO | 2006-HE1 | ||
HB06H2 | HASCO | 2006-HE2 | ||
HB06L2 | HALO | 2006-2 | ||
HB06W1 | HSI Asset Securitization Corporation Trust | 2006-WMC1 | ||
HB0701 | HSI Asset Securitization Corporation Trust | 2007-OPT1 | ||
HB07A1 | HSI Asset Loan Obligation | 2007-1 | ||
HB07A2 | HSI Asset Loan Obligation | Series 2007-2 | ||
HB07C1 | HSI Asset Securitization Corporation | 2007-NC1 | ||
HB07F1 | HSI ASSET Securitization Corporation | 2007-WF1 | ||
HB07H1 | HSI Asset Securitization Corporation Trust | 2007-HE1 | ||
HB07H2 | HSI Asset Securitization Corporation Trust | 2007-HE2 | ||
HB07L1 | HSI Asset Loan Obligation | 2007-AR1 | ||
HB07L2 | HSI Asset Loan Obligation | 2007-AR2 | ||
HB07W1 | HSI Asset Loan Obligation | 2007-WF1 | ||
IM06S1 | Impac Secured Assets Corp. | 2006-1 | ||
IM06S2 | Impac Secured Assets Corp. | 2006-2 | ||
IM06S3 | Impac Secured Assets Corp. | 2006-3 | ||
IM06S4 | Impac Secured Assets Corp. | 2006-4 | ||
IM06S5 | Impac Secured Assets Corp. | 2006-5 | ||
IM07S1 | Impac Secured Assets Corp. | 2007-1 | ||
IM07S2 | Impac Secured Assets Corp. | 2007-2 |
IM07S3 | Impac Secured Assets Corp. | 2007-3 | ||
IN0601 | IndyMac Residential Asset Securitization Trust | 2006-A1 | ||
IN0602 | IndyMac Residential Asset Securitization Trust | 2006-A2 | ||
IN0603 | IndyMac Residential Asset Securitization Trust | 2006-A3CB | ||
IN0605 | IndyMac Residential Asset Securitization Trust | 2006-A5CB | ||
IN0606 | IndyMac Residential Asset Securitization Trust | 2006-A6 | ||
IN0607 | IndyMac Residential Asset Securitization Trust | 2006-A7CB | ||
IN0608 | IndyMac Residential Asset Securitization Trust | 2006-A8 | ||
IN0609 | IndyMac Residential Asset Securitization Trust | 2006-A9CB | ||
IN060A | IndyMac INDS Home Equity Mortgage Loan Trust | 2006-A | ||
IN0610 | IndyMac Residential Asset Securitization Trust | 2006-A10 | ||
IN0611 | IndyMac Residential Asset Securitization Trust | 2006-A11 | ||
IN0612 | IndyMac Residential Asset Securitization Trust | 2006-A12 | ||
IN0613 | IndyMac Residential Asset Securitization Trust | 2006-A13 | ||
IN0614 | IndyMac Residential Asset Securitization Trust | 2006-A14CB | ||
IN0615 | IndyMac Residential Asset Securitization Trust | 2006-A15 | ||
IN0616 | IndyMac Residential Asset Securitization Trust | 2006-A16 | ||
IN06A2 | IndyMac INDX Mortgage Loan Trust | 2006-AR2 | ||
IN06A3 | IndyMac INDX Mortgage Loan Trust | 2006-AR3 | ||
IN06A4 | IndyMac INDX Mortgage Loan Trust | 2006-AR4 | ||
IN06A5 | IndyMac INDX Mortgage Loan Trust | 2006-AR5 | ||
IN06A6 | IndyMac INDX Mortgage Loan Trust | 2006-AR6 | ||
IN06A7 | IndyMac INDX Mortgage Loan Trust | 2006-AR7 | ||
IN06A8 | IndyMac INDX Mortgage Loan Trust | 2006-AR8 | ||
IN06A9 | IndyMac INDX Mortgage Loan Trust | 2006-AR9 | ||
IN06AB | IndyMac INDX Mortgage Loan Trust | 2006-AR11 | ||
IN06AC | IndyMac INDX Mortgage Loan Trust | 2006-AR12 | ||
IN06AD | IndyMac INDX Mortgage Loan Trust | 2006-AR13 | ||
IN06AE | IndyMac INDX Mortgage Loan Trust | 2006-AR14 | ||
IN06AF | IndyMac INDX Mortgage Loan Trust | 2006-AR15 | ||
IN06AJ | IndyMac INDX Mortgage Loan Trust | 2006-AR19 | ||
IN06AL | IndyMac INDX Mortgage Loan Trust | 2006-AR21 | ||
IN06AN | IndyMac INDX Mortgage Loan Trust | 2006-AR23 | ||
IN06AP | IndyMac INDX Mortgage Loan Trust | 2006-AR25 | ||
IN06AR | IndyMac INDX Mortgage Loan Trust | 2006-AR27 | ||
IN06AT | IndyMac INDX Mortgage Loan Trust | 2006-AR29 | ||
IN06AV | IndyMac INDX Mortgage Loan Trust | 2006-AR31 | ||
IN06AX | IndyMac INDX Mortgage Loan Trust | 2006-AR33 | ||
IN06AZ | IndyMac INDX Mortgage Loan Trust | 2006-AR35 | ||
IN06B1 | IndyMac INDB Mortgage Loan Trust | 2006-1 | ||
IN06D1 | IndyMac INDA Mortgage Loan Trust | 2006-AR1 | ||
IN06D2 | IndyMac INDA Mortgage Loan Trust | 2006-AR2 | ||
IN06D3 | IndyMac INDA Mortgage Loan Trust | 2006-AR3 | ||
IN06F1 | IndyMac INDX Mortgage Loan Trust | 2006-FLX1 | ||
IN06G1 | IndyMac INDS Home Equity Mortgage Loan Trust | 2006-1 |
IN06G2 | IndyMac INDS Home Equity Mortgage Loan Trust | 2006-2B | ||
IN06G3 | IndyMac INDS Home Equity Mortgage Loan Trust | 2006-3 | ||
IN06H1 | IndyMac Home Equity Loan Trust | 2006-H1 | ||
IN06H2 | IndyMac Home Equity Loan Trust | 2006-H2 | ||
IN06H3 | IndyMac Home Equity Loan Trust | 2006-H3 | ||
IN06H4 | IndyMac Home Equity Loan Trust | 2006-H4 | ||
IN06L1 | IndyMac Residential Mortgage-Backed Trust | 2006-L1 | ||
IN06L2 | IndyMac Residential Mortgage-Backed Trust | 2006-L2 | ||
IN06L3 | IndyMac Residential Mortgage-Backed Trust | 2006-L3 | ||
IN06L4 | IndyMac Residential Mortgage-Backed Trust | 2006-L4 | ||
IN06P4 | IndyMac Residential Asset Securitization Trust | 2006-A4 | ||
IN06R1 | IndyMac Residential Asset Securitization Trust | 2006-R1 | ||
IN06R2 | IndyMac INDX Mortgage Loan Trust | 2006-R1 | ||
IN06S1 | IndyMac INABS | 2006-A | ||
IN06S2 | IndyMac INABS | 2006-B | ||
IN06S3 | IndyMac INABS | 2006-C | ||
IN06S4 | IndyMac INABS | 2006-D | ||
IN06S5 | IndyMac INABS | 2006-E | ||
IN06Z1 | IndyMac INDX Mortgage Loan Trust | 2006-AR37 | ||
IN06Z2 | IndyMac INDX Mortgage Loan Trust | 2006-AR39 | ||
IN06Z3 | IndyMac INDX Mortgage Loan Trust | 2006-AR41 | ||
IN0701 | IndyMac Residential Asset Securitization Trust | 2007-A1 | ||
IN0702 | IndyMac Residential Asset Securitization Trust | 2007-A2 | ||
IN0703 | IndyMac Residential Asset Securitization Trust | 2007-A3 | ||
IN0705 | IndyMac Residential Asset Securitization Trust | 2007-A5 | ||
IN0706 | IndyMac Residential Asset Securitization Trust | 2007-A6 | ||
IN0707 | IndyMac Residential Asset Securitization Trust | 2007-A7 | ||
IN0708 | IndyMac Residential Asset Securitization Trust | 2007-A8 | ||
IN0709 | IndyMac Residential Asset Securitization Trust | 2007-A9 | ||
IN07A1 | IndyMac INDX Mortgage Loan Trust | 2007-AR1 | ||
IN07A5 | IndyMac INDX Mortgage Loan Trust | 2007-AR5 | ||
IN07A7 | IndyMac INDX Mortgage Loan Trust | 2007-AR7 | ||
IN07A9 | IndyMac INDX Mortgage Loan Trust | 2007-AR9 | ||
IN07AB | IndyMac INDX Mortgage Loan Trust | 2007-AR11 | ||
IN07AD | IndyMac INDX Mortgage Loan Trust | 2007-AR13 | ||
IN07AF | IndyMac INDX Mortgage Loan Trust | 2007-AR15 | ||
IN07AH | IndyMac INDX Mortgage Loan Trust | 2007-AR17 | ||
IN07AJ | IndyMac INDX Mortgage Loan Trust | 2007-AR19 | ||
IN07AL | IndyMac INDX Mortgage Loan Trust | 2007-AR21IP | ||
IN07C1 | IndyMac IMSC Mortgage Loan Trust | 2007-AR1 | ||
IN07D1 | IndyMac INDA Mortgage Loan Trust | 2007-AR1 | ||
IN07D2 | IndyMac INDA Mortgage Loan Trust | 2007-AR2 | ||
IN07D3 | IndyMac INDA Mortgage Loan Trust | 2007-AR3 | ||
IN07D4 | IndyMac INDA Mortgage Loan Trust | 2007-AR4 | ||
IN07D5 | IndyMac INDA Mortgage Loan Trust | 2007-AR5 |
IN07D6 | IndyMac INDA Mortgage Loan Trust | 2007-AR6 | ||
IN07D7 | IndyMac INDA Mortgage Loan Trust | 2007-AR7 | ||
IN07D8 | IndyMac INDA Mortgage Loan Trust | 2007-AR8 | ||
IN07D9 | IndyMac INDA Mortgage Loan Trust | 2007-AR9 | ||
IN07F1 | IndyMac INDX Mortgage Loan Trust | 2007-FLX1 | ||
IN07F2 | IndyMac INDX Mortgage Loan Trust | 2007-FLX2 | ||
IN07F3 | IndyMac INDX Mortgage Loan Trust | 2007-FLX3 | ||
IN07F4 | IndyMac INDX Mortgage Loan Trust | 2007-FLX4 | ||
IN07F5 | IndyMac INDX Mortgage Loan Trust | 2007-FLX5 | ||
IN07F6 | IndyMac INDX Mortgage Loan Trust | 2007-FLX6 | ||
IN07J1 | IndyMac IMJA Mortgage Loan Trust | 2007-A1 | ||
IN07J2 | IndyMac IMJA Mortgage Loan Trust | 2007-A2 | ||
IN07J3 | IndyMac IMJA Mortgage Loan Trust | 2007-A3 | ||
IN07J4 | IndyMac IMJA Mortgage Loan Trust | 2007-A4 | ||
IN07L1 | IndyMac Residential Mortgage-Backed Trust | 2007-L1 | ||
IN07M1 | IndyMac IMSC Mortgage Loan Trust | 2007-F1 | ||
IN07M2 | IndyMac IMSC Mortgage Loan Trust | 2007-F2 | ||
IN07M3 | IndyMac IMSC Mortgage Loan Trust | 2007-AR2 | ||
IN07M4 | IndyMac IMSC Mortgage Loan Trust | 2007-F3 | ||
IN07MH | IndyMac IMSC Mortgage Loan Trust | 2007-HOA-1 | ||
IN07R1 | IndyMac Residential Asset Securitization Trust | 2007-R1 | ||
IN07S1 | IndyMac INABS | 2007-A | ||
IN07S2 | IndyMac INABS | 2007-B | ||
IX0601 | IXIS Real Estate Capital Trust | Series 2006-HE1 | ||
IX0602 | IXIS Real Estate Capital Trust | 2006-HE2 | ||
IX0603 | IXIS Real Estate Capital Trust | Series 2006-HE3 | ||
IX0701 | IXIS Real Estate Capital Trust | Series 2007-HE1 | ||
IX0702 | IXIS Real Estate Capital Trust | 2007-HE2 | ||
JP07C1 | J.P. Morgan Mortgage Acquisition Trust | 2007-CH1 | ||
JP07C2 | J.P. Morgan Mortgage Acquisition Trust | 2007-CH2 | ||
JP07C3 | J.P. Morgan Mortgage Acquisition Trust | 2007-CH3 | ||
JP07C4 | J.P. Morgan Mortgage Acquisition Trust | 2007-CH4 | ||
JP07C5 | J.P. Morgan Mortgage Acquisition Trust | 2007-CH5 | ||
JP07H1 | J.P. Morgan Mortgage Acquisition Trust | 2007-HE1 | ||
JP1317 | JPMBB Commercial Mortgage Securities Trust | 2013-C17 | ||
JP1420 | JP Morgan Chase Commercial Mortgage Securities Trust | 2014-C20 | ||
LB0601 | Long Beach Mortgage Loan Trust | 2006-1 | ||
LB0602 | Long Beach Mortgage Loan Trust | 2006-2 | ||
LB0603 | Long Beach Mortgage Loan Trust | 2006-3 | ||
LB0604 | Long Beach Mortgage Loan Trust | 2006-4 | ||
LB0605 | Long Beach Mortgage Loan Trust | 2006-5 | ||
LB0606 | Long Beach Mortgage Loan Trust | 2006-6 | ||
LB0607 | Long Beach Mortgage Loan Trust | 2006-7 | ||
LB0608 | Long Beach Mortgage Loan Trust | 2006-8 | ||
LB0609 | Long Beach Mortgage Loan Trust | 2006-9 |
LB060A | Long Beach Mortgage Loan Trust | 2006-A | ||
LB0610 | Long Beach Mortgage Loan Trust | 2006-10 | ||
LB0611 | Long Beach Mortgage Loan Trust | 2006-11 | ||
LB06W1 | Long Beach Mortgage Loan Trust | 2006-WL1 | ||
LB06W2 | Long Beach Mortgage Loan Trust | 2006-WL2 | ||
LB06W3 | Long Beach Mortgage Loan Trust | 2006-WL3 | ||
ML07M1 | Merrill Lynch Mortgage Investors Trust | 2007-MLN1 | ||
MS06C1 | Morgan Stanley ABS Capital I Inc. | 2006-NC1 | ||
MS06C2 | Morgan Stanley ABS Capital I Inc. | 2006-NC2 | ||
MS06C3 | Morgan Stanley ABS Capital I Inc. | 2006-NC3 | ||
MS06C4 | Morgan Stanley ABS Capital I Inc. | 2006-NC4 | ||
MS06C5 | Morgan Stanley ABS Capital I Inc. | 2006-NC5 | ||
MS06H2 | Morgan Stanley Capital I Inc. | 2006-HE2 | ||
MS06H3 | Morgan Stanley ABS Capital I Inc. | 2006-HE3 | ||
MS06H4 | Morgan Stanley ABS Capital I Inc. | 2006-HE4 | ||
MS06H5 | Morgan Stanley ABS Capital I Inc. | 2006-HE5 | ||
MS06H6 | Morgan Stanley ABS Capital I Inc. | 2006-HE6 | ||
MS06H7 | Morgan Stanley ABS Capital I Inc. | 2006-HE7 | ||
MS06H8 | Morgan Stanley ABS Capital I Inc. | 2006-HE8 | ||
MS06I1 | Morgan Stanley IXIS Real Estate Capital | 2006-1 | ||
MS06I2 | Morgan Stanley IXIS Real Estate Capital | 2006-2 | ||
MS06R2 | IndyMac Residential Asset Securitization Trust | 2006-R2 | ||
MS06W2 | Morgan Stanley ABS Capital I Inc. | 2006-WMC2 | ||
MS06X2 | Morgan Stanley Home Equity Loan Trust | 2006-2 | ||
MS06X3 | Morgan Stanley Home Equity Loan Trust | 2006-3 | ||
MS07B1 | Morgan Stanley Structured Trust | 2007-1 | ||
MS07C1 | Morgan Stanley ABS Capital I Inc. | 2007-NC1 | ||
MS07C2 | Morgan Stanley ABS Capital I Inc. | 2007-NC2 | ||
MS07C3 | Morgan Stanley ABS Capital I Inc. | 2007-NC3 | ||
MS07C4 | Morgan Stanley ABS Capital I Inc. | 2007-NC4 | ||
MS07H1 | Morgan Stanley ABS Capital I Inc. | 2007-HE1 | ||
MS07H2 | Morgan Stanley ABS Capital I Inc. | 2007-HE2 | ||
MS07H3 | Morgan Stanley ABS Capital I Inc. | 2007-HE3 | ||
MS07H5 | Morgan Stanley ABS Capital I Inc. | 2007-HE5 | ||
MS07H6 | Morgan Stanley ABS Capital I Inc. | 2007-HE6 | ||
MS07H7 | Morgan Stanley ABS Capital I Inc. | 2007-HE7 | ||
MS07X1 | Morgan Stanley Home Equity Loan Trust | 2007-1 | ||
MS07X2 | Morgan Stanley Home Equity Loan Trust | 2007-2 | ||
MS1311 | Morgan Stanley Bank of America Merrill Lynch Trust | 2013-C11 | ||
MS1415 | MSBAM 2014-C15 | 2014-C15 | ||
NC0601 | New Century Home Equity Loan Trust | 2006-1 | ||
NC0602 | New Century Home Equity Loan Trust | 2006-2 | ||
NC06A1 | New Century Alternative Mortgage Loan Trust | 2006-ALT1 | ||
NC06S1 | New Century Home Equity Loan Trust | 2006-S1 | ||
NS0604 | Novastar Mortgage Funding Trust | 2006-4 |
NS0605 | Novastar Mortgage Funding Trust | 2006-5 | ||
NS0606 | Novastar Mortgage Funding Trust | 2006-6 | ||
NS0701 | Novastar Mortgage Funding Trust | 2007-1 | ||
NS0702 | Novastar Mortgage Funding Trust | 2007-2 | ||
PO0701 | Popular ABS Mortgage Pass-Through Trust | 2007-A | ||
RB13GS | RBS Commerical Funding Inc. | 2013-GSP Trust | ||
RF06A1 | Residential Accredit Loans, Inc. | 2006-QA1 | ||
RF06A3 | Residential Accredit Loans, Inc. | 2006-QA3 | ||
RF06A4 | Residential Accredit Loans, Inc. | 2006-QA4 | ||
RF06A5 | Residential Accredit Loans, Inc. | 2006-QA5 | ||
RF06A6 | Residential Accredit Loans, Inc. | 2006-QA6 | ||
RF06A7 | Residential Accredit Loans, Inc. | 2006-QA7 | ||
RF06A8 | Residential Accredit Loans, Inc. | 2006-QA8 | ||
RF06A9 | Residential Accredit Loans, Inc. | 2006-QA9 | ||
RF06AA | Residential Accredit Loans, Inc. | 2006-QA10 | ||
RF06AB | Residential Accredit Loans, Inc. | 2006-QA11 | ||
RF06H1 | Residential Accredit Loans, Inc. | 2006-QH1 | ||
RF06O1 | Residential Accredit Loans, Inc. | 2006-QO1 | ||
RF06O3 | Residential Accredit Loans, Inc. | 2006-QO3 | ||
RF06O4 | Residential Accredit Loans, Inc. | 2006-QO4 | ||
RF06O5 | Residential Accredit Loans, Inc. | 2006-QO5 | ||
RF06O6 | Residential Accredit Loans, Inc. | 2006-QO6 | ||
RF06O7 | Residential Accredit Loans, Inc. | 2006-QO7 | ||
RF06O8 | Residential Accredit Loans, Inc. | 2006-QO8 | ||
RF06O9 | Residential Accredit Loans, Inc. | 2006-QO9 | ||
RF06OA | Residential Accredit Loans, Inc. | 2006-QO10 | ||
RF06Q1 | Residential Accredit Loans, Inc. | 2006-QS1 | ||
RF06Q3 | Residential Accredit Loans, Inc. | 2006-QS3 | ||
RF06Q4 | Residential Accredit Loans, Inc. | 2006-QS4 | ||
RF06Q5 | Residential Accredit Loans, Inc. | 2006-QS5 | ||
RF06Q6 | Residential Accredit Loans, Inc. | 2006-QS6 | ||
RF06Q7 | Residential Accredit Loans, Inc. | 2006-QS7 | ||
RF06Q8 | Residential Accredit Loans, Inc. | 2006-QS8 | ||
RF06Q9 | Residential Accredit Loans, Inc. | 2006-QS9 | ||
RF06QA | Residential Accredit Loans, Inc. | 2006-QS10 | ||
RF06QB | Residential Accredit Loans, Inc. | 2006-QS11 | ||
RF06QC | Residential Accredit Loans, Inc. | 2006-QS12 | ||
RF06QD | Residential Accredit Loans, Inc. | 2006-QS13 | ||
RF06QE | Residential Accredit Loans, Inc. | 2006-QS14 | ||
RF06QF | Residential Accredit Loans, Inc. | 2006-QS15 | ||
RF06QG | Residential Accredit Loans, Inc. | 2006-QS16 | ||
RF06QH | Residential Accredit Loans, Inc. | 2006-QS17 | ||
RF06QI | Residential Accredit Loans, Inc. | 2006-QS18 | ||
RF07A1 | Residential Accredit Loans, Inc. | 2007-QA1 | ||
RF07A2 | Residential Accredit Loans, Inc. | 2007-QA2 |
RF07A3 | Residential Accredit Loans, Inc. | 2007-QA3 | ||
RF07A4 | Residential Accredit Loans, Inc. | 2007-QA4 | ||
RF07A5 | Residential Accredit Loans, Inc. | 2007-QA5 | ||
RF07H1 | Residential Accredit Loans, Inc. | 2007-QH1 | ||
RF07H2 | Residential Accredit Loans, Inc. | 2007-QH2 | ||
RF07H3 | Residential Accredit Loans, Inc. | 2007-QH3 | ||
RF07H4 | Residential Accredit Loans, Inc. | 2007-QH4 | ||
RF07H5 | Residential Accredit Loans, Inc. | 2007-QH5 | ||
RF07H6 | Residential Accredit Loans, Inc. | 2007-QH6 | ||
RF07H7 | Residential Accredit Loans, Inc. | 2007-QH7 | ||
RF07H8 | Residential Accredit Loans, Inc. | 2007-QH8 | ||
RF07H9 | Residential Accredit Loans, Inc. | 2007-QH9 | ||
RF07O1 | Residential Accredit Loans, Inc. | 2007-QO1 | ||
RF07O2 | Residential Accredit Loans, Inc. | 2007-QO2 | ||
RF07O3 | Residential Accredit Loans, Inc. | 2007-QO3 | ||
RF07O4 | Residential Accredit Loans, Inc. | 2007-QO4 | ||
RF07O5 | Residential Accredit Loans, Inc. | 2007-QO5 | ||
RF07Q1 | Residential Accredit Loans, Inc. | 2007-QS1 | ||
RF07Q2 | Residential Accredit Loans, Inc. | 2007-QS2 | ||
RF07Q3 | Residential Accredit Loans, Inc. | 2007-QS3 | ||
RF07Q4 | Residential Accredit Loans, Inc. | 2007-QS4 | ||
RF07Q5 | Residential Accredit Loans, Inc. | 2007-QS5 | ||
RF07Q6 | Residential Accredit Loans, Inc. | 2007-QS6 | ||
RF07Q7 | Residential Accredit Loans, Inc. | 2007-QS7 | ||
RF07Q8 | Residential Accredit Loans, Inc. | 2007-QS8 | ||
RF07Q9 | Residential Accredit Loans, Inc. | 2007-QS9 | ||
RF07QA | Residential Accredit Loans, Inc. | 2007-QS10 | ||
RF07QB | Residential Accredit Loans, Inc. | 2007-QS11 | ||
RF07S4 | Residential Funding Mortgage Securities I, Inc. | 2007-S4 | ||
RF07S5 | Residential Funding Mortgage Securities I, Inc. | 2007-S5 | ||
RF08R1 | Residential Accredit Loans, Inc. | 2008-QR1 | ||
SX0601 | Saxon Asset Securities Trust | 2006-1 | ||
SX0602 | Saxon Asset Securities Trust | 2006-2 | ||
SX0603 | Saxon Asset Securities Trust | 2006-3 | ||
SX0701 | Saxon Asset Securities Trust | 2007-1 | ||
SX0702 | Saxon Asset Securities Trust | 2007-2 | ||
SX0703 | Saxon Asset Securities Trust | 2007-3 | ||
UB11C1 | UBS-Citigroup Commercial Mortgage Trust | 2011-C1 | ||
UB12C1 | UBS Commercial Mortgage Trust | 2012-C1 | ||
UB12C3 | UBS-Barclays Commercial Mortgage Trust | 2012-C3 | ||
UB13C5 | UBS-Barclays Commercial Mortgage Trust | 2013-C5 | ||
WA06A1 | WaMu Asset Acceptance Corp. | 2006-AR1 | ||
WA06A3 | WaMu Asset Acceptance Corp. | 2006-AR3 | ||
WA06A4 | Washington Mutual Mortgage Securities Corp. | 2006-AR4 | ||
WA06A5 | WaMu Asset Acceptance Corp. | 2006-AR5 |
WA07H1 | WaMu | 2007-HE1 | ||
WF11C5 | WF RBS Commercial Mortgage Trust | 2011-C5 | ||
WF12C6 | WF RBS Commercial Mortgage Trust | 2012-C6 | ||
WF12C7 | WF RBS Commercial Mortgage Trust | 2012-C7 | ||
WF12C8 | WF RBS Commercial Mortgage Trust | 2012-C8 | ||
WF1318 | WFRBS Commercial Mortgage Trust | 2013-C18 | ||
WF13U1 | WFRBS Commercial Mortgage Trust | 2013-UBS1 | ||
WF1414 | RBS Commercial Funding Inc. | 2014-LC14 | ||
WF1419 | RBS Commercial Funding Inc. | 2014-C19 | ||
Asset-Backed Transactions and Securities Constituting the PlatformABS Deals | ||||
Deal ID |
Deal Name and Series |
|||
GM16CT01 | CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-1 | |||
BW181T | Bank of the West Auto Trust 2018-1 | |||
GM16CT02 | CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 | |||
GM1703 | Ally Auto Receivables Trust 2017-3 | |||
GM1802 | ALLY AUTO RECEIVABLES TRUST 2018-2 | |||
GM1803 | ALLY AUTO RECEIVABLES TRUST 2018-3 | |||
MAEB15B | SMB Private Education Loan Trust 2015-B | |||
MAEB16B | SMB Private Education Loan Trust 2016-B | |||
MAEB17A | SMB Private Education Loan Trust 2017-A | |||
MAEB18A | SMB PRIVATE EDUCATION LOAN TRUST 2018-A | |||
MAEB18B | SMB Private Education Loan Trust 2018-B | |||
MAEB18C | SMB Private Education Loan Trust 2018-C | |||
MAEN142 | Navient Student Loan Trust 2014-2 | |||
MAEN143 | Navient Student Loan Trust 2014-3 | |||
MAEN145 | Navient Student Loan Trust 2014-5 | |||
MAEN146 | Navient Student Loan Trust 2014-6 | |||
MAEN147 | Navient Student Loan Trust 2014-7 | |||
MAEN148 | Navient Student Loan Trust 2014-8 | |||
MAEN16A | Navient Private Education Loan Trust 2016-A | |||
MAEN18B | NAVIENT PRIVATE EDUCATION LOAN TRUST 2018-B | |||
SYNMN181 | Synchrony Credit Card Master Note Trust Series 2018-1 | |||
SYNMN182 | Synchrony Credit Card Master Note Trust Series 2018-2 | |||
SYNMNT162 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2016-2 | |||
SYNSFT15A | Synchrony Sales Finance Master Trust 2015-A | |||
SYNSFT16B | Synchrony Sales Finance Master Trust 2016-B | |||
TAOT16A | Toyota Auto Receivables 2016-A Owner Trust | |||
TAOT16C | Toyota Auto Receivables 2016-C Owner Trust | |||
VALET182 | Volkswagen Auto Loan Enhanced Trust 2018-2 | |||
CNH16B | CNH Equipment Trust 2016-B | |||
SYNMNT154 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2015-4 | |||
BW171T | Bank of the West Auto Trust 2017-1 | |||
BW191T | Bank of the West Auto Trust 2019-1 |
CCC7A3 | Citibank Credit Card Issuance Trust 2007-A3 | |||
CCC7A4 | Citibank Credit Card Issuance Trust 2007-A4 | |||
CCIT13A9 | Citibank Credit Card Issuance Trust 2013-A9 | |||
CCIT16A2 | Citibank Credit Card Issuance Trust 2016-A2 | |||
CCIT16A3 | Citibank Credit Card Issuance Trust 2016-A3 | |||
CCIT17A3 | Citibank Credit Card Issuance Trust 2017-A3 | |||
CCIT17A4 | Citibank Credit Card Issuance Trust 2017-A4 | |||
CCIT17A5 | Citibank Credit Card Issuance Trust 2017-A5 | |||
CCIT17A6 | Citibank Credit Card Issuance Trust 2017-A6 | |||
CCIT17A7 | Citibank Credit Card Issuance Trust 2017 A7 | |||
CCIT17A8 | Citibank Credit Card Issuance Trust 2017 A8 | |||
CCIT18A1 | Citibank Credit Card Issuance Trust 2018 A1 | |||
CCIT18A2 | Citibank Credit Card Issuance Trust 2018 A2 | |||
CCIT18A3 | Citibank Credit Card Trust Issuance Trust 2018 A3 | |||
CCIT18A4 | Citibank Credit Card Trust Issuance Trust 2018 A4 | |||
CCIT18A5 | Citibank Credit Card Trust Issuance Trust 2018 A5 | |||
CCIT18A6 | Citibank Credit Card Issuance Trust 2018 A6 | |||
CCIT18A7 | Citibank Credit Card Trust Issuance Trust 2018 A7 | |||
CCIT18B1 | Citibank Credit Card Trust Issuance Trust 2018 B1 | |||
CCIT18B2 | Citibank Credit Card Trust Issuance Trust 2018 B2 | |||
CCIT18C1 | Citibank Credit Card Trust Issuance Trust 2018 C1 | |||
CCIT18C2 | Citibank Credit Card Trust Insuance Trust 2018 C2 | |||
CCIT19B1 | Citibank Credit Card Trust Issuance Trust 2019 B1 | |||
CCIT19C1 | Citibank Credit Card Trust Issuance Trust 2019 C1 | |||
CCIT20B1 | Citibank Credit Card Issuance Trust 2020-B1 | |||
CCIT20B2 | Citibank Credit Card Issuance Trust 2020-B2 | |||
CCIT20C1 | Citibank Credit Card Issuance Trust 2020-C1 | |||
CCIT20C2 | Citibank Credit Card Issuance Trust 2020-C2 | |||
CCIT4A1 | Citibank Credit Card Issuance Trust 2014-A1 | |||
CCIT4A5 | Citibank Credit Card Issuance Trust 2014-A5 | |||
CFS07A | Chase Education Loan Trust 2007-A | |||
CLC061 | College Loan Corporation Trust I Series 2006-1 | |||
CLC071 | College Loan Corp Trust II Series 2007-1 | |||
CLC072 | COLLEGE LOAN TRUST I 2007-2 | |||
CNH17B | CNH Equipment Trust 2017-B | |||
CPE081 | CenterPoint Transition Bonds Co III, LLC Series 2008-1 | |||
CPERB9 | CenterPoint Energy Restoration Bond Company, LLC | |||
CTBCIV | CenterPoint Energy Transition Bond Company IV, LLC | |||
DRIVE15D | Drive Auto Receivables Trust 2015-D | |||
GEF152 | WELLS FARGO Dealer Floorplan Master Note Trust Series 2015-2 | |||
GEF201 | Wells Fargo Dealer Floorplan Master Note Trust Series 2020-VFN-1 | |||
GEMN143 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2014-VFN3 | |||
GEMN144 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2014-VFN4 | |||
GEMN145 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2014-VFN5 | |||
GES12A | Synchrony Sales Finance Master Trust 2012-A |
GES12B | Synchrony Sales Finance Master Trust 2012-B | |||
GES12C | Synchrony Sales Finance Master Trust 2012-C | |||
GES12D | Synchrony Sales Finance Master Trust 2012-D | |||
GESFM14C | Synchrony Sales Finance Master Trust 2014-C | |||
GM15CT04 | Capital Auto Receivables Asset Trust 2015-4 | |||
GM1603 | Ally Auto Receivables Trust 2016-3 | |||
GM16CT03 | CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-3 | |||
GM1701 | Ally Auto Receivables Trust 2017-1 | |||
GM1702 | Ally Auto Receivables Trust 2017-2 | |||
GM1704 | Ally Auto Receivables Trust 2017-4 | |||
GM1705 | Ally Auto Receivables Trust 2017-5 | |||
GM17CT01 | CAPITAL AUTO RECEIVABLES ASSET TRUST 2017-1 | |||
GM1801 | ALLY AUTO RECEIVABLES TRUST 2018-1 | |||
GM18CT01 | CAPITAL AUTO RECEIVABLES ASSET TRUST 2018-1 | |||
GM18CT02 | CAPITAL AUTO RECEIVABLES ASSET TRUST 2018-2 | |||
GM1901 | ALLY AUTO RECEIVABLES TRUST 2019-1 | |||
GM1902 | ALLY AUTO RECEIVABLES TRUST 2019-2 | |||
GM1903 | ALLY AUTO RECEIVABLES TRUST 2019-3 | |||
GM1904 | ALLY AUTO RECEIVABLES TRUST 2019-4 | |||
GMI110 | Juniper Receivables 2019-1 DAC | |||
GMI110191 | Juniper Receivables 2019-1 DAC | |||
GMI110192 | Juniper Receivables 2019-2 DAC | |||
GMI110201 | Juniper Receivables 2020-1 DAC | |||
KSL06A | Keycorp Student Loan Trust 2006-A | |||
MAE041 | SLM Student Loan Trust 2004-1 | |||
MAE061 | SLM Student Loan Trust 2006-1 | |||
MAE062 | SLM Student Loan Trust 2006-2 | |||
MAE063 | SLM Student Loan Trust 2006-3 | |||
MAE064 | SLM Student Loan Trust 2006-4 | |||
MAE065 | SLM Student Loan Trust 2006-5 | |||
MAE066 | SLM Student Loan Trust 2006-6 | |||
MAE067 | SLM Student Loan Trust 2006-7 | |||
MAE068 | SLM Student Loan Trust 2006-8 | |||
MAE069 | SLM Student Loan Trust 2006-9 | |||
MAE071 | SLM Student Loan Trust 2007-1 | |||
MAE072 | SLM Student Loan Trust 2007-2 | |||
MAE073 | SLM Student Loan Trust 2007-3 | |||
MAE074 | SLM Student Loan Trust 2007-4 | |||
MAE075 | SLM Student Loan Trust 2007-5 | |||
MAE076 | SLM Student Loan Trust 2007-6 | |||
MAE077 | SLM Student Loan Trust 2007-7 | |||
MAE078 | SLM Student Loan Trust 2007-8 | |||
MAE081 | SLM Student Loan Trust 2008-1 | |||
MAE082 | SLM Student Loan Trust 2008-2 | |||
MAE083 | SLM Student Loan Trust 2008-3 |
MAE084 | SLM Student Loan Trust 2008-4 | |||
MAE085 | SLM Student Loan Trust 2008-5 | |||
MAE086 | SLM Student Loan Trust 2008-6 | |||
MAE087 | SLM Student Loan Trust 2008-7 | |||
MAE088 | SLM Student Loan Trust 2008-8 | |||
MAE089 | SLM Student Loan Trust 2008-9 | |||
MAE101 | SLM Student Loan Trust 2010-1 | |||
MAE102 | SLM Student Loan Trust 2010-2 | |||
MAE111 | SLM Student Loan Trust 2011-1 | |||
MAE112 | SLM Student Loan Trust 2011-2 | |||
MAE113 | SLM Student Loan Trust 2011-3 | |||
MAE121 | SLM Student Loan Trust 2012-1 | |||
MAE122 | SLM Student Loan Trust 2012-2 | |||
MAE123 | SLM Student Loan Trust 2012-3 | |||
MAE124 | SLM Student Loan Trust 2012-4 | |||
MAE125 | SLM Student Loan Trust 2012-5 | |||
MAE126 | SLM Student Loan Trust 2012-6 | |||
MAE127 | SLM Student Loan Trust 2012-7 | |||
MAE128 | SLM Student Loan Trust 2012-8 | |||
MAE131 | SLM Student Loan Trust 2013-1 | |||
MAE132 | SLM Student Loan Trust 2013-2 | |||
MAE133 | SLM Student Loan Trust 2013-3 | |||
MAE134 | SLM Student Loan Trust 2013-4 | |||
MAE135 | SLM Student Loan Trust 2013-5 | |||
MAE136 | SLM Student Loan Trust 2013-6 | |||
MAE142 | SLM Student Loan Trust 2014-2 | |||
MAE610 | SLM Student Loan Trust 2006-10 | |||
MAE901 | SLM Student Loan Trust 2009-1 | |||
MAE902 | SLM Student Loan Trust 2009-2 | |||
MAEB14A | SMB Private Education Loan Trust 2014-A | |||
MAEB15A | SMB Private Education Loan Trust 2015-A | |||
MAEB15C | SMB Private Education Loan Trust 2015-C | |||
MAEB16A | SMB Private Education Loan Trust 2016-A | |||
MAEB16C | SMB Private Education Loan Trust 2016-C | |||
MAEB17B | SMB PRIVATE EDUCATION LOAN 2017-B | |||
MAEB19A | SMB PRIVATE EDUCATION LOAN TRUST 2019-A | |||
MAEB19B | SMB PRIVATE EDUCATION LOAN TRUST 2019-B | |||
MAEN141 | Navient Student Loan Trust 2014-1 | |||
MAEN144 | Navient Student Loan Trust 2014-4 | |||
MAEN18D | Navient Student Loan Private Trust 2018-D | |||
MAEN19C | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-C | |||
MAEN19D | NAVIENT PRIVATE EDUCATION LOAN TRUST 2019-D | |||
MAEN19E | Navient Private Education Refi Loan Trust 2019-E | |||
MAEN19F | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-F | |||
MAEN19PTA | NAVIENT PRIVATE ED LOAN TRUST 2019-PT-A |
MCITICCIT200 | Citibank Credit Card Issuance Trust | |||
SLC061 | SLC Student Loan Trust 2006-1 | |||
SLC062 | SLC Student Loan Trust 2006-2 | |||
SLC071 | SLC Student Loan Trust 2007-1 | |||
SLC072 | SLC Student Loan Trust 2007-2 | |||
SLC081 | SLC Student Loan Trust 2008-1 | |||
SLC082 | SLC Student Loan Trust 2008-2 | |||
SLC091 | SLC Student Loan Trust 2009-1 | |||
SLC092 | SLC Student Loan Trust 2009-2 | |||
SLC093 | SLC Student Loan Trust 2009-3 | |||
SLC101 | SLC Student Loan Trust 2010-1 | |||
SYNMN19VF1 | Synchrony Credit Card Master Note Trust Series Series 219-VFN1 | |||
SYNMN20VF1 | Synchrony Credit Card Master Note Trust Series 2020-VFN1 | |||
SYNMNT151 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2015-1 | |||
SYNMNT171 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2017-1 | |||
SYNMNT172 | SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2017-2 | |||
SYNSFT15B | Synchrony Sales Finance Master Trust 2015-B | |||
SYNSFT20A | SYNCHRONY SALES FINANCE MASTER TRUST 2020-A | |||
TAOT16B | Toyota Auto Receivables 2016-B Owner Trust | |||
VALET201 | Volkswagen Auto Loan Enhanced Trust 2020-1 | |||
Asset-Backed Transactions and Securities Constituting the Platform - Document Custody Only Deals | ||||
Deal ID | Deal Name and Series | |||
AH066C | Citi/ Wells Fargo American Home Mortgage Assets 2006-4 | |||
BC061C | Wells Fargo/ SABR 2006-NC2 | |||
BC062C | Wells Fargo/ SABR 2006-NC3 | |||
BC081C | BCAP 2008-IND1 | |||
BC083C | BCAP 2008-IND2 | |||
CA061C | Carrington 2006-NC1 | |||
CA062C | Wells Fargo/ Carrington Mortgage Loan Trust 2006-NC2 | |||
CA063C | Wells Fargo/ Carrington Mortgage Loan Trust 2006-NC3 | |||
CA064C | Wells Fargo/ Carrington Mortgage Loan Trust 2006-NC4 | |||
DB061C | ACE 2006-NC1 | |||
DB061Z | DBALT 2006-AR6 Wells Fargo/ Deutsche Bank custody | |||
DB062C | ACE 2006 ASAP1 HSBC/WELLS FARGO/DB | |||
DB062Z | DBALT 2006-OA1 Wells Fargo/ Deutsche Bank custody | |||
DB063C | ACE 2006-SL1 | |||
DB064C | DBALT 2006-AB1/WELLS FARGO/DB | |||
DB065C | DBALT 2006-AR1 HSBC/ Wells Fargo/Deutsche Bank | |||
DB066C | DB ACE 2006-HE1 | |||
DB067C | Ace 2006-SD1 HSBC/ Wells Fargo/ Deutsche | |||
DB068C | DB Ace Securities Series 2006-ASAP2 | |||
DB069C | DBALT Series 2006-AF1 | |||
DB06AC | DB Ace Series 2006-SL2 |
DB06CC | Ace 2006-HE2 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06DC | Ace 2006-ASL1 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06EC | DBALT 2006-AB2 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06FC | Ace 2006-ASAP3 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06HC | Ace 2006-HE3 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06JC | Ace 2006-SD2 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06LC | DBALT 2006-AB3 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06MC | DB ALT 2006-AR2 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06PC | ACE 2006-SL4 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06QC | ACE 2006-NC2 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06SC | DBALT 2006-AB4 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06TC | Ace 2006-ASAP5 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06UC | DBALT 2006-AR4 HSBC/ Wells Fargo/ Deutsche Bank custody | |||
DB06WC | DBALT 2006-AR5 Wells Fargo/ Deutsche Bank custody | |||
DB06XC | Ace 2006-NC3 Wells Fargo/ Deutsche Bank custody | |||
DB06YC | Ace 2006-ASAP6 Wells Fargo/ Deutsche Bank custody | |||
DB06ZC | Ace 2006-SD3 Wells Fargo/ Deutsche Bank custody | |||
DB071C | DBALT 2007-AR1Wells Fargo/ Deutsche Bank custody | |||
DB073C | Ace 2007-ASL1Wells Fargo/ Deutsche Bank custody | |||
DB074C | DBALT 2007-AR2 Wells Fargo/ Deutsche Bank custody | |||
DB075C | DBALT 2007-BAR1 Wells Fargo/ Deutsche Bank custody | |||
DB077C | ACE 2007-SL1 Wells Fargo/ Deutsche Bank custody | |||
DB078C | ACE 2007-HE2 Wells Fargo/ Deutsche Bank custody | |||
DB07AC | ACE 2007-ASAP1 Wells Fargo/ Deutsche Bank custody | |||
DB07CC | DBALT 2007-OA2 Wells Fargo/ Deutsche Bank custody | |||
DB07DC | DBALT 2007-AB1 Wells Fargo/ Deutsche Bank custody | |||
DB07EC | Ace 2007-HE4 Wells Fargo/ Deutsche Bank custody | |||
DB07FC | DBALT 2007-AR3 Wells Fargo/ Deutsche Bank custody | |||
DB07GC | ACE 2007-ASAP2 Wells Fargo/ Deutsche Bank custody | |||
DB07HC | Wells Fargo/ Deutsche Alt-A Securities 2007-OA3 | |||
DB07JC | Ace 2007-HE5/ Wells Fargo | |||
DB07LC | DBALT 2007-OA4/ Wells Fargo | |||
DB07MC | DBALT 2007-1/ Wells Fargo | |||
DB07NC | DBALT 2007-OA5/ Wells Fargo | |||
DB07PC | Ace 2007-SL2/ Wells Fargo | |||
DB07QC | DBALT 2007-2/ Wells Fargo | |||
DB07TC | DBALT 2007-3/ Wells Fargo | |||
FB061C | ABSC 2006-AG1 | |||
FB071C | CSMC 2007-5/Wells Fargo custody | |||
FB072C | CSMC 2007-NC1 custody | |||
FB073C | CSMC 2007-6 custody | |||
FB075C | CSMC 2007-7 custody | |||
GC069C | HarborView Mortgage Loan Trust 2006-10 | |||
GC07AC | HarborView Mortgage Loan Trust 2007-3 | |||
GS061C | US Bank/Wells Fargo GSR 2006-1F Custody |
GS062C | WELLS FARGO/GSR 2006-AR1 CUSTODY | |||
GS063C | JP Morgan/ US Bank GSAA 2006-1 Custody | |||
GS066C | GSAA 2006-3 | |||
GS067C | GSR 2006-2F | |||
GS068C | Wells Fargo/US BankGSR 2006-3F | |||
GS069C | JP Morgan/ US Bank GSAA 2006-5 | |||
GS06AC | JP Morgan/ US Bank GSAA 2006-6 custody | |||
GS06BC | Wells Fargo/ US Bank GSR 2006-AR2 custody | |||
GS06CC | JP Morgan/ US Bank GSR 2006-4F custody | |||
GS06DC | Wells Fargo/ US Bank GSAMP 2006-HE3 custody | |||
GS06EC | JP Morgan/ US Bank GSAA 2006-9 custody | |||
GS06FC | Wells Fargo/ US Bank GSR 2006-5F custody | |||
GS06GC | Wells Fargo/ GSAMP 2006-HE4 custody | |||
GS06HC | Wells Fargo/ GSR 2006-6F custody | |||
GS06JC | Wells Fargo/ GSR 2006-7F custody | |||
GS06KC | Wells Fargo/ GSAA 2006-12 custody | |||
GS06LC | Wells Fargo/ GSAMP 2006-HE5 custody | |||
GS06MC | Wells Fargo/ GSR 2006-8F custody | |||
GS06OC | Wells Fargo/ GSAA 2006-14 custody | |||
GS06PC | Goldman Sachs/ US Bank/NCAMLT 2006-ALT2 | |||
GS06QC | GSAMP 2006-HE7 Goldman Sachs/ LaSalle/ Wells Fargo | |||
GS06RC | GSR 2006-9F Goldman Sachs/ US Bank/ Wells Fargo | |||
GS06SC | GSAA 2006-19 Goldman Sachs/ US Bank/ Wells Fargo | |||
GS06TC | GSR 2006-10F Goldman Sachs/ US Bank/ Wells Fargo | |||
GS06UC | GSAA 2006-20 Goldman Sachs/ US Bank/ Wells Fargo | |||
GS06VC | GSAMP 2006-HE8 Goldman Sachs/ LaSalle/ Wells Fargo | |||
GS072C | GSAA 2007-1 Goldman Sachs/ US Bank/ Wells Fargo | |||
GS073C | GSAMP 2007-H1 Goldman Sachs/ LaSalle/Wells Fargo custody | |||
GS074C | GSR 2007-1F Goldman Sachs/ Wells Fargo custody | |||
GS075C | GSAMP 2007-NC1 Goldman Sachs/ Wells Fargo custody | |||
GS076C | GSAA 2007-3 Goldman Sachs/ Wells Fargo custody | |||
GS077C | GSAMP 2007-HE1 Goldman Sachs/ Wells Fargo custody | |||
GS078C | GSR 2007-2F Goldman Sachs/ Wells Fargo custody | |||
GS07AC | GSAMP 2007-HE2 Goldman Sachs/ Wells Fargo custody | |||
GS07BC | GSR 2007-3F Goldman Sachs/ Wells Fargo custody | |||
GS07DC | GSAA 2007-7/ Wells Fargo | |||
GS07EC | GSR 2007-4F/ Wells Fargo | |||
GS07FC | GSAA 2007-8/ Wells Fargo | |||
GS07GC | GSAA 2007-9/ Wells Fargo | |||
GS07HC | GSAA 2007-10/ Wells Fargo | |||
GS07KC | GSR 2007-5F/ Wells Fargo | |||
LH061Z | SASCO 2006-BC2 custody only | |||
LH062Z | LXS 2006-13 custody only | |||
LH063C | Lehman SAIL 2006-1 | |||
LH063Z | SAIL 2006-BNC3 custody only |
LH064C | Lehman LXS 2006-2N | |||
LH064Z | LXS 2006-14N DB custody only | |||
LH065C | Lehman SARM 2006-1 | |||
LH065Z | Lehman mortgage trust 2006-5 custody only | |||
LH066Z | Greenpoint 2006-HE1 DB custody only | |||
LH067C | Lehman SASCO 2006-BNC1 | |||
LH067Z | LXS 2006-15 DB custody only | |||
LH068C | Lehman SARM 2006-2 | |||
LH068Z | LXS 2006-16H DB custody only | |||
LH069C | Lehman SAIL 2006-2 | |||
LH069Z | SARM 2006-9 DB custody only | |||
LH06AC | Lehman SARM 2006-3 | |||
LH06AZ | BNC 2006-1 DB custody only | |||
LH06BC | Lehman LXS 2006-5 | |||
LH06BZ | LMT 2006-6 DB custody only | |||
LH06CZ | SASCO 2006-BC3 DB custody only | |||
LH06DC | SAIL 2006-BNC2 | |||
LH06DZ | LMT 2006-7 DB custody only | |||
LH06EC | SASCO 2006-BC1 | |||
LH06FC | SASCO 2006-AM1 | |||
LH06FZ | LXS 2006-17 DB custody only | |||
LH06GC | SARM 2006-4 | |||
LH06GZ | BNC 2006-10 DB custody only | |||
LH06HC | LXS 2006-7 | |||
LH06IZ | SASCO 2006-BC4 DB custody only | |||
LH06JZ | LXS 2006-19 custody only | |||
LH06KC | SAIL 2006-3 custody only | |||
LH06KZ | LXS 2006-18N | |||
LH06LC | LXS 2006-8 custody only | |||
LH06MC | SARM 2006-5 custody only | |||
LH06MZ | SASCO 2006-BC5 custody only | |||
LH06NC | SASCO 2006-NC1 custody only | |||
LH06NZ | LMT 2006-8 custody only | |||
LH06PC | SAIL 2006-4 custody only | |||
LH06QC | SASCO 2006-ARS1 custody only | |||
LH06QZ | SASCO 2006-BC6 custody only | |||
LH06RC | LXS 2006-10N custody only | |||
LH06RZ | LMT 2006-9 custody only | |||
LH06SC | LXS 2006-9 custody only | |||
LH06SZ | SARM 2006-12 custody only | |||
LH06UC | SARM 2006-7 custody only | |||
LH06UZ | LXS 2006-20 custody only | |||
LH06WC | LMT 2006-4 custody only | |||
LH06XC | LXS 2006-11 custody only | |||
LH06YC | LXS 2006-12N custody only |
LH06ZC | SARM 2006-8 custody only | |||
LH071C | SASCO 2007-BC1 custody only | |||
LH071Z | LXS 2007-18N custody only | |||
LH072Z | SARM 2007-10 custody only | |||
LH073C | LMT 2007-1 custody only | |||
LH074C | LXS 2007-2N custody only | |||
LH074Z | SASCO 2007-BNC1 custody only | |||
LH075C | LXS 2007-1 custody only | |||
LH075Z | LMT 2007-10 custody only | |||
LH076C | LMT 2007-2 custody only | |||
LH076Z | LXS 2007-20N custody only | |||
LH077C | BNC 2007-1 custody only | |||
LH077Z | SARM 2007-11 custody only | |||
LH078C | LXS 2007-3 custody only | |||
LH079C | LXS 2007-4 custody only | |||
LH079Z | SASCO 2007-BC4 custody only | |||
LH07AZ | BNC 2007-4 custody only | |||
LH07BC | SARM 2007-3 custody only | |||
LH07CC | LMT 2007-4 | |||
LH07DC | LXS 2007-5H custody only | |||
LH07FC | BNC 2007-2 custody only | |||
LH07GC | LXS 2007-6 custody only | |||
LH07JC | LMT 2007-5 custody only | |||
LH07KC | SASCO 2007-BC3 custody only | |||
LH07LC | LXS 2007-9 custody only | |||
LH07MC | LXS 2007-8h custody only | |||
LH07NC | SASCO 2007-OS1 custody only | |||
LH07RC | LXS 2007-12N custody only | |||
LH07SC | LXS 2007-11 custody only | |||
LH07TC | BNC 2007-3 custody only | |||
LH07WC | LMT 2007-7 custody only | |||
LH07XC | LXS 2007-15N custody only | |||
LH07ZC | SARM 2007-8 custody only | |||
MG071C | MHL 2007-1/Wells custody only | |||
MG072C | MHL 2007-2/Wells custody only | |||
ML061C | MLMI 2006-AR1 | |||
ML072C | MANA 2007-A3/Wells Fargo custody only | |||
ML073C | MANA 2007-AF1/Wells Fargo custody only | |||
MS064C | MSM 2006-11custody only | |||
SG071C | SG Mortgage Securities Trust 2007-NC1 | |||
SU071C | STICS 2007-1/Wells Fargo custody only | |||
UB061C | UBS MASTR 2006-AM1 | |||
UB062C | UBS MASTR 2006-NC1 | |||
UB063C | Wells Fargo/ UBS MASTR 2006 HE-2 | |||
UB064C | MABS 2006-AM2 custody only |
UB065C | Wells Fargo/ UBS MASTR 2006-NC2 | |||
UB066C | Wells Fargo/ US Bank UBS MASTR 2006-AM3 custody only | |||
UB067C | Wells Fargo/ UBS MASTR 2006-NC3 | |||
UB068C | Wells Fargo/ UBS MASTR 2006-HE5 | |||
WA071C | WaMu 2007-HE2/ Citi custody | |||
WA072C | WaMu 2007-HE3/ Citi custody | |||
WA073C | WaMu 2007-HE4/ Citi custody |
Exhibit 34.1
Report of Independent Registered Public Accounting Firm
To the Board of Directors of
VW Credit, Inc.
We have examined managements assertion, included in the accompanying Report on Assessment of Compliance with Applicable Servicing Criteria, that VW Credit, Inc. (the Company) complied with the servicing criteria set forth in Title 17, Section 229.1122(d) of the Securities and Exchange Commissions Regulation AB for the asset-backed securities transactions involving retail automotive loans registered with the Securities Exchange Commission for which the Company acted as servicer (the Regulation AB Platform), as of December 31, 2020, as well as the period ended December 31, 2020 for Volkswagen Auto Loan Enhanced Trust 2018-1, Volkswagen Auto Loan Enhanced Trust 2018-2, and for the period from May 19, 2020 (the date of issuance) through December 31, 2020 for Volkswagen Auto Loan Enhanced Trust 2020-1 (the Reporting Periods), except for the servicing criteria set forth in Sections 229.1122(d)(1)(iv), 229.1122(d)(2)(iii), 229.1122(d)(2)(vi), 229.1122(d)(3)(ii) with respect to remittances, 229.1122(d)(3)(iii)-(iv), and 229.1122(d)(4)(ix)-(xiii), which the Company has determined are not applicable to the activities it performs with respect to the asset-backed securities transactions being serviced. The management of VW Credit, Inc. is responsible for its assertion and for the Companys compliance with those servicing criteria. Our responsibility is to express an opinion on the Companys compliance based on our examination.
Our examination was conducted in accordance with attestation standards of the Public Company Accounting Oversight Board (United States) and in accordance with the attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether managements assertion regarding the Companys compliance with the servicing criteria specified above is fairly stated, in all material respects, and, accordingly, included examining, on a test basis, evidence about the Companys compliance with the applicable servicing criteria and performing such other procedures as we considered necessary in the circumstances. An examination involves performing procedures to obtain evidence about whether managements assertion is fairly stated, in all material respects. The nature, timing and extent of the procedures selected depend on our judgement, including an assessment of risks of material misstatement of managements assertion, whether due to fraud or error. Our examination included testing of selected asset-backed transactions and securities that comprise the Platform, testing selected servicing activities related to the Platform, and determining whether the Company processed those selected transactions and performed those selected activities in compliance with the applicable servicing criteria. Our procedures were limited to the selected transactions and servicing activities performed by the Company during the periods covered by this report. Our procedures were not designed to detect noncompliance arising from errors that may have occurred either prior to or subsequent to our tests that may have affected the balances or amounts calculated or reported by the Company during the period covered by this report. We believe that our examination and the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the Companys compliance with the servicing criteria.
Baker Tilly Virchow Krause, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. © 2018 Baker Tilly Virchow Krause, LLP
1
In our opinion, managements assertion that VW Credit, Inc. complied with the aforementioned servicing criteria as of December 31, 2020 and for the Reporting Periods noted above, for asset-backed securities transactions involving automotive loan transactions completed and registered with the Securities Exchange Commission for which the Company acted as servicer is fairly stated, in all material respects.
/s/ Baker Tilly US, LLP
Tysons Corner, Virginia
March 23, 2021
2
Exhibit 34.2
Report of Independent Registered Public Accounting Firm
We have examined managements assertion, included in the accompanying Managements Assertion of Compliance, that Trust & Agency Services department of Deutsche Bank National Trust Company and Deutsche Bank Trust Company Americas (collectively the Company) complied with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commissions Regulation AB for the publicly-issued (i.e., transaction-level reporting required under the Securities Exchange Act of 1934, as amended) and certain privately-issued (i.e., for which transaction-level reporting is required pursuant to contractual obligation) residential mortgage-backed securities, commercial mortgage-backed securities and other asset-backed securities issued on or after January 1, 2006, for which the Company provides trustee, certificate administrator, securities administration, paying agent or custodian services, as defined in the transaction agreements, excluding publicly-issued securities sponsored or issued by any government sponsored entity (the Platform), as of and for the year ended December 31, 2020, except for criteria 1122(d)(4)(iv) 1122(d)(4)(xiv), which the Company has determined are not applicable to the activities it performs with respect to the servicing platform covered by this report. Refer to Appendix A of Managements Assertion of Compliance for the asset backed transactions covered by this platform. Management is responsible for the Companys compliance with those servicing criteria. Our responsibility is to express an opinion on managements assertion about the Companys compliance with the servicing criteria based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Companys compliance with the applicable servicing criteria and performing such other procedures as we considered necessary in the circumstances. Our examination included testing of less than all of the individual asset backed transactions and securities that comprise the platform, testing of less than all of the servicing activities related to the Platform and determining whether the Company processed those selected transactions and performed those selected activities in compliance with the servicing criteria. Furthermore, our procedures were limited to the selected transactions and servicing activities performed by the Company during the period covered by this report. Our procedures were not designed to determine whether errors may have occurred either prior to or subsequent to our tests that may have affected the balances or amounts calculated or reported by the Company during the period covered by this report for the selected transactions or any other transactions. Although the Company is responsible for assessing compliance with criteria 1122(d)(1)(ii), 1122(d)(1)(iii), 1122(d)(2)(iii) and 1122(d)(4)(iii) of Regulation AB, there were no occurrences of events that would require the Company to perform such activities during the year ended December 31, 2020. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.
Our examination does not provide a legal determination on the Companys compliance with the servicing criteria.
In our opinion, managements assertion that the Company complied with the aforementioned servicing criteria as of and for the year ended December 31, 2020 for the Platform is fairly stated, in all material respects.
/s/ Ernst & Young LLP
February 26, 2021
EXHIBIT 35.1
VW Credit, Inc. Servicer Compliance Statement Under Section 3.9 of the
Sale and Servicing Agreement and Item 1123 of Regulation AB
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2018-2
The undersigned, a duly authorized officer of VW Credit, Inc. (VCI), as Servicer under the Sale and Servicing Agreement dated as of November 21, 2018 (as amended and supplemented, or otherwise modified and in effect from time to time, the Sale and Servicing Agreement), by and among Volkswagen Auto Loan Enhanced Trust 2018-2, as Issuer, Volkswagen Auto Lease/Loan Underwritten Funding, LLC as Seller, VW Credit, Inc., as Servicer, and Deutsche Bank Trust Company America, as Indenture Trustee, does hereby certify that:
1. | A review of the activities of the Servicer during the period from January 1, 2020 through December 31, 2020, and of its performance under the Sale and Servicing Agreement was conducted under my supervision. |
2. | To the best of my knowledge, based on such review, the Servicer has fulfilled all of its obligations under the Sale and Servicing Agreement in all material respects throughout such period. |
IN WITNESS WHEREOF, the undersigned has duly executed this Certificate on behalf of the Servicer this twenty-third day of March, 2021.
/s/ Garett Miles |
Garett Miles |
Head of Securitization and Assistant Treasurer |