U.S. Floorplan Risk Management slide image

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 Ford FORD CREDIT
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