Ford Auto Securitization Trust

  • Date: 2016-01-15

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Ford Auto Securitization Trust Series 2013-R4 Monthly Investor Report Collection Period

December 2015 1/15/2016

Payment Date Transaction Month

28

Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus supplement, available on www.sedar.com and at http://www.fordcredit.com/institutionalinvestments/index.jhtml

I. ORIGINAL DEAL PARAMETERS Weighted Avg Remaining Term at Cutoff Date

Dollar Amount $762,786,115.67

# of Receivables 34,454

Class A-1 Notes

Dollar Amount $270,740,000.00

Note Interest Rate 1.487%

Class A-2 Notes Class A-3 Notes

$269,528,000.00

1.824%

July 15, 2017

$115,732,000.00

2.275%

October 15, 2018

Class B Notes

$20,710,000.00

2.920%

February 15, 2019

Class C Notes

$13,810,000.00

3.175%

June 15, 2019

Class D Notes

$13,810,000.00

3.422%

March 15, 2021

Initial Pool Balance Original Securities:

Total

54.1 months Final Scheduled Payment Date August 15, 2015

$704,330,000.00

II. AVAILABLE FUNDS Interest: Interest Collections

$554,770.69

Principal: Principal Collections

$8,207,066.54

Prepayments in Full

$5,397,207.95

Liquidation Proceeds

$444,850.32

Recoveries

$58,335.63

Sub Total

$14,107,460.44

Collections

$14,662,231.13

Purchase Amounts: Purchase Amounts Related to Principal

$20,415.67

Purchase Amounts Related to Interest

$84.52

Sub Total

$20,500.19

Clean Up Call

$0.00

Reserve Account Draw Amount

$0.00

Available Funds - Total

$14,682,731.32

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Ford Auto Securitization Trust Series 2013-R4 Monthly Investor Report Collection Period

December 2015 1/15/2016

Payment Date Transaction Month

28

III. DISTRIBUTIONS Calculated Amount Trustee Fees/Expenses

$0.00 $0.00

Replacement Servicer Fee Interest - Class A-1 Notes

Total Shortfall

Amount Paid

Carryover Shortfall

Remaining Available Funds

$0.00 $0.00

$0.00 $0.00

$0.00 $0.00

$14,682,731.32 $14,682,731.32

$0.00

$0.00

$0.00

$0.00

$14,682,731.32

Interest - Class A-2 Notes

$116,481.61

$116,481.61

$0.00

$0.00

$14,566,249.71

Interest - Class A-3 Notes

$219,408.58

$219,408.58

$0.00

$0.00

$14,346,841.13

$0.00

$0.00

$0.00

$0.00

$14,346,841.13

Interest - Class B Notes

$50,394.33

$50,394.33

$0.00

$0.00

$14,296,446.80

Second Priority Principal Payment

$0.00 $36,538.96

$0.00 $36,538.96

$0.00 $0.00

$0.00 $0.00

$14,296,446.80 $14,259,907.84 $14,259,907.84

First Priority Principal Payment

Interest - Class C Notes Third Priority Principal Payment Interest - Class D Notes

$0.00

$0.00

$0.00

$0.00

$39,381.52

$39,381.52

$0.00

$0.00

$14,220,526.32

$0.00

$0.00

$0.00

$0.00

$14,220,526.32

$13,056,512.75

$13,056,512.75

$0.00

$0.00

$1,164,013.57

$0.00

$0.00

$0.00

$0.00

$1,164,013.57

$33,714.92 $1,130,298.65

$33,714.92 $1,130,298.65

$0.00 $0.00

$0.00 $0.00

$1,130,298.65 $0.00

Reserve Account Deposit Regular Principal Payment Additional Trustee Fees/ Expenses Other Expenses Deferred Purchase Price to Seller Total

$14,682,731.32

Principal Payment: First Priority Principal Payment

$0.00 $0.00

Second Priority Principal Payment Third Priority Principal Payment

$0.00

Regular Principal Payment

$13,056,512.75

Total

$13,056,512.75

IV. NOTEHOLDER PAYMENTS Noteholder Principal Payments Actual Class A-1 Notes Class A-2 Notes

Noteholder Interest Payments

Per $1,000 of Original Balance

Actual

Per $1,000 of Original Balance

Total Payment Actual

Per $1,000 of Original Balance

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$13,056,512.75

$48.44

$116,481.61

$0.43

$13,172,994.36

$48.87

Class A-3 Notes

$0.00

$0.00

$219,408.58

$1.90

$219,408.58

$1.90

Class B Notes

$0.00

$0.00

$50,394.33

$2.43

$50,394.33

$2.43

Class C Notes

$0.00

$0.00

$36,538.96

$2.65

$36,538.96

$2.65

Class D Notes

$0.00

$0.00

$39,381.52

$2.85

$39,381.52

$2.85

Total

$13,056,512.75

$462,205.00

Page 2

$13,518,717.75

Ford Auto Securitization Trust Series 2013-R4 Monthly Investor Report Collection Period

December 2015 1/15/2016

Payment Date Transaction Month

28

V. NOTE BALANCE AND POOL INFORMATION Beginning of Period Balance

End of Period Note Factor

Balance

Note Factor

Class A-1 Notes

$0.00

0.0000000

$0.00

0.0000000

Class A-2 Notes Class A-3 Notes

$76,632,635.68

0.2843216

$63,576,122.93

0.2358795

$115,732,000.00

1.0000000

$115,732,000.00

1.0000000

Class B Notes

$20,710,000.00

1.0000000

$20,710,000.00

1.0000000

Class C Notes

$13,810,000.00

1.0000000

$13,810,000.00

1.0000000

Class D Notes

$13,810,000.00

1.0000000

$13,810,000.00

1.0000000

$240,694,635.68

0.3417356

$227,638,122.93

0.3231981

Total

Pool Information Weighted Average APR

2.585%

2.570%

Weighted Average Remaining Term

34.32

33.44

Number of Receivables Outstanding

14,512 $263,556,683.18

14,182 $249,242,261.66

$240,694,635.68

$227,638,122.93

0.3455185

0.3267525

Pool Balance Adjusted Pool Balance (Pool Balance - YSOC Amount) Pool Factor

VI. OVERCOLLATERALIZATION INFORMATION Specified Reserve Balance

$7,627,861.16

Targeted Credit Enhancement Amount

$7,627,861.16

Yield Supplement Overcollateralization Amount

$21,604,138.73

Targeted Overcollateralization Amount

$21,604,138.73

Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance)

$21,604,138.73

VII. RECONCILIATION OF RESERVE ACCOUNT Beginning Reserve Account Balance

$7,627,861.16

Reserve Account Deposits Made

0.00

Reserve Account Draw Amount

0.00

Ending Reserve Account Balance Change in Reserve Account Balance

$7,627,861.16 $0.00

Specified Reserve Balance

$7,627,861.16

Page 3

Ford Auto Securitization Trust Series 2013-R4 Monthly Investor Report Collection Period

December 2015 1/15/2016

Payment Date Transaction Month

28

VIII. NET LOSSES AND DELINQUENT RECEIVABLES # of Receivables Realized Loss

49

(Recoveries)

8

Amount $244,881.04 $58,335.63

Net Losses for Current Collection Period Cumulative Net Losses Last Collection Period

$186,545.41 $3,710,191.35

Cumulative Net Losses for all Collection Periods

$3,896,736.76

Ratio of Net Losses for Current Collection Period to Beginning of Period Pool Balance (annualized)

0.85%

Delinquent Receivables: % of EOP Pool Balance

# of Receivables

Amount

31-60 Days Delinquent

0.94%

96

$2,335,778.43

61-90 Days Delinquent

0.17%

20

$415,840.38

91-120 Days Delinquent Over 120 Days Delinquent

0.05% 0.00%

4 0

$116,681.65 $0.00

Total Delinquent Receivables

1.15%

120

$2,868,300.46

6

$145,366.01

12

$275,352.23

Repossession Inventory: Repossessed in the Current Collection Period Total Repossessed Inventory Ratio of Net Losses to the Average Pool Balance for the Collection Period: Second Preceding Collection Period

0.2498%

Preceding Collection Period

0.4804%

Current Collection Period

0.8731%

Three Month Average

0.5344%

Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: Second Preceding Collection Period

0.1212%

Preceding Collection Period

0.1171%

Current Collection Period

0.1692%

Three Month Average

0.1359%

Page 4