Ford Motor Credit’s first asset-backed deal of 2017 is also a window into the simmering issues prime lenders face in maintaining stellar portfolio credit metrics.

The $1.57 billion Ford Credit Auto Owner Trust 2017-A is lauded by Moody’s Investors Service for its high weighted average FICOs (736) and as a strong follow-up to Ford Motor Credit's previous transaction (FCAOT 2016-C) that also featured “slightly stronger” pool characteristics than previous deals, according to a presale report published Thursday.

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