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      "text": "Ford Credit has a long history in securitization with a publicly-registered securitization program for retail contracts that began in 1989. In recent history, Ford Credit has typically offered various asset-backed securities as summarized in the table below.",
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      "text": "Program Ticker Asset Class Structure Typical AAA Term Typical Offering Type FCAOT FORDO U.S. Retail Amortizing 2a-7 to 3.6yr Public FCALT FORDL U.S. Lease Amortizing 2a-7 to 2.2yr Public FordREV FORDR U.S. Retail Revolving 5yr 144A FCFMOTA FORDF U.S. Wholesale Revolving 3yr and 5yr 144A/Public FAST FAST Canadian Retail Amortizing 0.6 to 3.7yr 144A (U.S.)",
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