Attached files
file | filename |
---|---|
10-K - FORM 10-K - Volkswagen Auto Loan Enhanced Trust 2007-1 | k49045e10vk.htm |
EX-31 - EX-31 - Volkswagen Auto Loan Enhanced Trust 2007-1 | k49045exv31.htm |
EX-35.1 - EX-35.1 - Volkswagen Auto Loan Enhanced Trust 2007-1 | k49045exv35w1.htm |
EX-34.2 - EX-34.2 - Volkswagen Auto Loan Enhanced Trust 2007-1 | k49045exv34w2.htm |
EX-33.1 - EX-33.1 - Volkswagen Auto Loan Enhanced Trust 2007-1 | k49045exv33w1.htm |
EX-34.1 - EX-34.1 - Volkswagen Auto Loan Enhanced Trust 2007-1 | k49045exv34w1.htm |
Exhibit 33.2
MANAGEMENTS ASSERTION OF COMPLIANCE
Management of the Agency and Trust division of Citibank, N.A. (or Company) is
responsible for assessing compliance with the servicing criteria set forth in Item 1122(d) of
Regulation AB promulgated by the Securities and Exchange Commission.
Management has determined that the servicing criteria in Item 1122(d) of Regulation AB are
applicable in regard to the servicing platform for the period as follows:
Platform: Publicly-issued (i.e., transaction-level reporting initially required
under the Securities Exchange Act of 1934, as amended) automobile loan or lease-backed
securities and student loan-backed securities issued on or after January 1, 2006, for which
the Company provides trustee and paying agent services (the Platform)
Applicable Servicing Criteria: All servicing criteria set forth in Item 1122(d), to
the extent required by Item 1122(d) servicing criteria in regards to the activities
performed by the Company with respect to the Platform as to any transaction, except for the
following criteria: 1122(d)(1)(i)-1122(d)(1)(iv), 1122(d)(2)(i), 1122(d)(2)(iii),
1122(d)(2)(vi)-1122(d)(2)(vii), 1122(d)(3)(i) and 1122(d)(4)(i)-1122(d)(4)(xv), which
management has determined are not applicable to the activities the Company performs with
respect to the Platform (the Applicable Servicing Criteria).
Period: Twelve months ended December 31, 2009 (the Period).
With respect to the Platform as of and for the Period, the Companys management provides the
following assertion of compliance with respect to the Applicable Servicing Criteria:
| The Companys management is responsible for assessing the Companys compliance with the Applicable Servicing Criteria. | ||
| The Companys management has assessed compliance with the Applicable Servicing Criteria. In making this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB. | ||
| Based on such assessment, the Company has complied, in all material respects, with the Applicable Servicing Criteria. |
KPMG LLP, a registered public accounting firm, has issued an attestation report with respect to
managements assertion of compliance with the Applicable Servicing Criteria as of and for the
Period.
CITIBANK, N.A. |
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By: | /s/ Karen Montbach | |||
Karen Montbach | ||||
Its: Managing Director | ||||
Dated: February 26, 2010