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Article: Fitch Affirms Chase Auto Owner Trust 2006-B.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Fitch Ratings affirms the outstanding notes of Chase Auto Owner Trust 2006-B (CAOT 2006-B) as part of its on going surveillance process.
The collateral continues to perform within Fitch's base case expectations. Currently, the securities can withstand stress scenarios consistent with the rating categories and still make full payments of interest and principal in accordance with the terms of the documents.
As before, the rating reflects the quality of Chase Bank USA, N.A.'s (Chase) ...