| Title: | Capital Auto Receivables Asset Trust 2008-2 |
| Price: | $300.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | Pre-Sale Report |
| Brief Excerpt: | ...Moody's provisional ratings of the securities to be issued by Capital Auto Receiv- ables Asset Trust ####-# are based on the following factors: The high quality of the $#.# billion s ecuritized pool, which mainly consists of low-interest subvened retail auto loans for the purchase of primarily new vehicles The subordinated notes that provides enhancement to more senior notes The non-declining overcollateralization that will be equal to #.##% of the initial aggregate receivables principal balance The fully funded non-declining reserve fund that will be initially funded at #.##% of the initial aggregate receivables principal balance The strength of the transaction stru cture and the experience of GMAC LLC as servicer The available excess spread in the transaction In addition, the provisional ... |
| Word Count: | 2232 |
| Length: | 4 Pages |
| Issuer: | Capital Auto Receivables Asset Trust 2008-2 |
| Format: | 
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