In a recent SEC filing, Ford Credit Auto Owner Trust 2020-C submitted Form ABS-EE. This filing is significant as it provides insights into the activities and financial status of the trust. Form ABS-EE is typically used by asset-backed securities issuers to report information about the underlying assets in the securitization, such as performance data and characteristics of the pool.
Ford Credit Auto Owner Trust 2020-C is a trust established by Ford Credit, the financial services arm of Ford Motor Company, to securitize auto loans. The trust issues asset-backed securities that are backed by the cash flows from a pool of auto loans. Investors in these securities receive payments based on the principal and interest payments made by the borrowers in the underlying loan pool. For more information about Ford Credit Auto Owner Trust 2020-C, you can visit their website here.
Overall, this SEC filing provides transparency and important information for investors and stakeholders regarding the asset-backed securities issued by Ford Credit Auto Owner Trust 2020-C. It helps to ensure compliance with regulatory requirements and allows investors to make informed decisions based on the disclosed information.
Read More:
Ford Credit Auto Owner Trust 2020-C (0001830316) Files ABS-EE Form with SEC
Leave a Reply