NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by First Investors Auto Owner Trust 2017-2 (FIAOT 2017-2), an auto loan ABS transaction. FIAOT 2017-2 is collateralized by approximately $202 million of subprime auto loan receivables as of June 30, 2017 out of an expected collateral balance of approximately $227 million after completion of the prefunding period. The transaction includes a prefunding feature that allows up to $
