Fitch Publishes U.S. Auto Lease Special Report

Business Wire, Nov 3, 2008

CHICAGO -- Fitch Ratings has posted to its public website, www.fitchratings.com, a special report detailing its recent review of the rated portfolio of U.S. auto lease asset-backed securitizations (ABS). The report, titled 'Auto Lease Transactions Road Tested: A Guide to Analyzing Auto Lease ABS Performance' is intended to provide an in-depth look into Fitch's recent evaluation of outstanding auto lease securitizations, and key assumptions and performance drivers in light of recent volatility in wholesale vehicle values.

The report can be found under the following headings:

Structured Finance then ABS then Special Reports.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.