7f7c33a287 Exhibit 99.2:Investor presentation dated February13, 2015 (furnished pursuant to Item 2.02). DISCUSSION AGENDA Business Update 3 Retail Securitization R-1 FCAR ABCP FC-1 Lease Securitization L-1 Floorplan Securitization F-1 1. o Written communications pursuant to Rule425 under the Securities Act (17 CFR 230.425). FORD CREDIT SERVICING STRATEGY Ford Credit uses behavioral scorecards to identify predictors and calculate probability of default Factors used in the behavioral scoring models include origination characteristics and scores, updated credit bureau information, and customer history variables, such as payment patterns Probability of Default is the primary driver in determining risk category, which establishes: Assignment timing Follow-up intensity Assignment transfers within the collections area from early stage delinquency, which includes account maintenance, to late stage delinquency, which focuses on loss prevention Ford Credit reviews scorecards regularly to confirm continued business significance and statistical predictability of the variables . FORD CREDIT PROPRIETARY ORIGINATIONS SCORING MODEL How does POP enhance credit bureau data? Credit bureau data represents only one bureau POP adds to credit bureau data, an evaluation of: Financing product (retail, lease) Customer characteristics (payment-to-income) Contract characteristics (loan-to-value, term, payment) Employs knowledge-based system concepts to enhance the predictive power of credit bureau and application data The combination of credit bureau data, these characteristics and concepts add to the effectiveness of POP as a predictive scoring tool . Item 2.02.Results of Operations and Financial Condition. Item 9.01.Financial Statements and Exhibits.
333-167489 ASF RETAIL SECURITIZATION JANUARY 2013 . RETAIL SECURITIZATION BREAK-EVEN ANALYSIS Illustration: Approximate Break-Even Cumulative Net Loss for 2012-D* * S&P 2012-D Pre-Sale Report Break-Even for 2012-D Compared With Historical Pool Losses 0% 2% 4% 6% 8% 10% 12% 18% 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 . Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuer and this offering. SECURITIES EXCHANGE ACT OF 1934. . Rating Upgrades on Public Retail Transactions (S&P/Moodys/Fitch) RETAIL SECURITIZATION ABS RATING AGENCY ACTIONS * For 2009-A, 2009-B, and 2009-C no subordinated notes were structured ** Rated by DBRS not Fitch Class B Class C Class D Deal* Initial Present Initial Present Initial Present 2009-D AA/Aa2/AA** AA /Aaa/AAA** A/A1/A** AA/Aaa/AAA** BB /A3/BB(high)** AA-/Aaa/AAA** 2009-E AA/Aa2/NR AA /Aaa/NR A/A1/NR AA/Aaa/NR BB /A2/NR AA-/Aaa/NR 2010-A AA/NR/AA AA /NR/AAA A/NR/A AA/NR/AAA BBB/NR/BBB AA-/NR/AAA 2010-B NR/Aa1/AA NR/Aaa/AAA NR/Aa2/A NR/Aaa/AAA NR/A1/BBB NR/Aaa/AAA 2011-A AA /Aa1/AA AA /Aaa/AAA A /Aa2/A AA/Aaa/AA BBB /A1/BBB AA-/Aaa/A 2011-B AA /NR/AA AA /NR/AA A /NR/A AA/NR/A BBB /NR/BBB AA-/NR/BBB 2012-A AA /Aa1/NR AA /Aa1/NR AA-/Aa3/NR AA-/Aa3/NR A-/A2/NR A-/A2/NR 2012-B AA /NR/AA AA /NR/AA AA-/NR/A AA-/NR/A BBB /NR/BBB BBB /NR/BBB 2012-C AA /Aa1/NR AA /Aa1/NR AA-/Aa2/NR AA-/Aa2/NR BBB /A1/NR BBB /A1/NR 2012-D AA /NR/AA AA /NR/AA AA-/NR/A AA-/NR/A A-/NR/BBB A-/NR/BBB . The depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. FORM 8-K.
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