U.S. Floorplan Risk Management
FordREV
Collateral Performance Reporting
.
Available at: http://www.ford.com/finance/investor-center/asset-backed-securitization
53
Monthly Investor Report
Summary pool stratifications on the entire pool after giving effect to purchases or sales
Receivables purchase / sale date and balance
Collateral composition test results and amortization event compliance
Updated yield supplement overcollateralization schedule
Quarterly Supplement
Summary stratification for each quarterly vintage of additional receivables sold to the issuer
Static pool performance, consistent with U.S. public retail securitization program, for the initial pool
and separately for each quarterly vintage of additional receivables sold to the issuer
Existing Transactions Demonstrate the Consistency of Receivables Additions with the Initial Pool*
Example: 2016-REV2
Cut-Off Date(s)
Number of Receivables
Pool Balance
Average Principal Balance
Average Original Amount Financed
Loan to Value (LTV)
Payment to Income (PTI)
Commercial Use
Subvened-APR Receivables
WA APR
WA Original Term
WA Remaining Term
WA Seasoning
New % Used %
Car%
Light Truck%
Utility%
WA FICO® at Origination
WA FICO® w/ Original Term > 60 mo.
Receivables
Receivables
Receivables
Purchased Quarter
Ended Mar. 31, 2017
Receivables
Purchased Quarter
Ended Jun. 30, 2017
Receivables
Purchased Quarter
Ended Sep. 31, 2017
July 1, 2017
August 1, 2017
September 1, 2017
Receivables
Purchased Quarter
Ended Dec. 31, 2017
October 1, 2017
November 1, 2017
December 1, 2017
Receivables
Purchased Quarter
Ended Mar. 31, 2018
January 1, 2018
February 1, 2018
March 1, 2018
6,271
$170,464,273
$27,183
Receivables
Purchased Quarter
Ended Jun. 30, 2018
Receivables
Purchased Quarter
Ended Sep. 31, 2018
July 1, 2018
August 1, 2018
September 1, 2018
Initial Pool
Purchased Quarter
Ended Sep. 30, 2016
Purchased Quarter
Ended Dec. 31, 2016
June 1, 2016
July 1, 2016
August 1, 2016
September 1, 2016
October 1, 2016|
November 1, 2016
December 1, 2016
60,144
5,930
5,409
January 1, 2017
February 1, 2017
March 1, 2017
5,654
April 1, 2017
May 1, 2017
June 1, 2017
5,849
6,188
6,338
April 1, 2018
May 1, 2018
June 1, 2018
6,696
6,698
$1,495,820,222
$148,962,940
$137,564,845
$24,871
$25,120
$25,433
$142,640,962
$25,228
$151,931,735
$157,557,964
$161,146,733
$178,267,795
$181,575,077
$25,976
$25,462
$25,425
$26,623
$27,109
$30,195
$30,415
$31,227
$31,271
$32,301
$32,108
$32,138
$33,303
$33,126
$33,121
97.57%
97.83%
97.73%
98.26%
98.71%
98.18%
97.23%
96.90%
96.66%
97.38%
8.63%
8.71%
8.78%
8.71%
8.75%
8.66%
8.73%
8.44%
8.55%
8.57%
19.11%
18.63%
21.12%
18.44%
20.69%
20.46%
19.72%
20.38%
21.85%
21.07%
62.25%
62.91%
65.34%
66.94%
65.68%
61.87%
59.47%
54.88%
53.22%
57.58%
2.96%
2.94%
2.66%
2.62%
2.68%
2.99%
3.10%
3.38%
3.65%
3.68%
64.5 months
64.7 months
64.7 months
65.0 months
65.1 months
56.5 months
56.7 months
56.5 months
56.2 months
56.2 months
64.9 months
55.6 months
65.2 months
65.7 months
65.1 months
65.2 months
56.3 months
57.7 months
57.1 months
57.6 months
8.0 months
8.0 months
8.2 months
8.8 months.
8.9 months
9.3 months
8.9 months.
8.0 months
8.0 months
7.6 months
89.2% new 10.8% used 89.5 % new / 10.5% used
90.2% new / 9.8% used 89.9% new / 10.1 % used 89.3% new / 10.7% used 87.9% new / 12.1% used
89.0% new 11% used 89.4% new / 10.6% used 87.5% new / 12.5% used 86.3% new / 13.7% used
24.10%
24.97%
22.49%
23.04%
21.01%
20.86%
19.17%
16.78%
16.68%
15.56%
41.79%
41.14%
44.33%
42.37%
43.87%
44.58%
46.76%
49.04%
48.72%
47.34%
33.48%
33.38%
32.61%
33.95%
34.48%
33.99%
33.29%
33.46%
33.73%
35.84%
732
734
735
736
734
737
737
739
738
737
708
712
713
715
713
716
718
722
719
717
2016-REV2 receivables are purchased monthly, information reflected quarterly for formatting reasons
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