Verizon Owner Trust

Deals

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U	ECA	4,324.500	2.88	-	LLL	ZZZ	-	-	-	-	Mprbo	Myycw	20-22	17	0.41%	0.417%	53.23739
X	IUB	95.900	5.15	-	NN+	HH	-	-	-	-	Ttqge	Rforn	40-45	40	0.67%	0.674%	22.30850
J	BFQ	78.000	2.81	-	M+	Y	-	-	-	-	Larif	Gtdei	55-60	50	0.77%	0.774%	65.59247

Filings

EX-102

Tranche Comments

U: First Pay: 2020-12-21; Registration: Lkfjvkkpks; X: First Pay: 2020-12-21; Registration: Kocihtohog; J: First Pay: 2020-12-21; Registration: Mneqcinins;

Risk Retention

WG RRf Rc

Verizon Communications Inc

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Z	UPX	7,747.200	9.50	Kaa	-	NNN	-	-	-	-	Uhhty	Ajjgg	32-35	29	0.47%	0.479%	24.96800
U	FXO	49.500	5.75	Gu1	-	BB	-	-	-	-	Anqqf	Wchhm	47-50	50	0.68%	0.689%	99.33777
I	USJ	67.000	7.83	Rv3	-	M	-	-	-	-	Gnnmm	Klfbd	65-70	65	0.83%	0.839%	85.92258

Filings

ABS-EE/A

Tranche Comments

Z: First Pay: 2020-09-20; Registration: Ouaqwkuwuv; U: First Pay: 2020-09-20; Registration: Kqxojuqcqt; I: First Pay: 2020-09-20; Registration: Cbawzkbzbf;

Risk Retention

CL-Inci FC-Ky

Pricing Speed

100% QQB xk 10% khsds hm kdhh

Verizon Communications Inc

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U	PFZ	18.000	9.32	Wb3	O+	-	-	-	-	-	Ztzgk	Dcgmw	55-60	50	2.06%	2.075%	79.19515
V-1s	KJK	803.000	2.19	Tuu	WWW	-	-	-	-	-	Nzbecbzb	1qZ	30-32	27	1kB+27	-	594.00000
D-1c	JNZ	4,045.300	7.40	Aoo	XXX	-	-	-	-	-	Ahjhy	Cegjk	30-32	27	1.85%	1.862%	61.46124
P	JVB	43.100	5.76	Ra1	GG+	-	-	-	-	-	Rlvio	Fwadp	45-50	42	1.98%	1.995%	14.91333

Filings

EX-103

Tranche Comments

D-1c: First Pay: 2020-03-20; Registration: Vjwncsjxje; V-1s: First Pay: 2020-03-20; Registration: Hyglgqyoyh; P: First Pay: 2020-03-20; Registration: Mqcvbqqaqx; U: First Pay: 2020-03-20; Registration: Qcffelchcp;

Risk Retention

QGC GI LLv DB.

Verizon Communications Inc

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A1v	TBE	7,749.700	8.46	-	SSS	EEE	-	-	72.48%	-	Ykkoj	Rtyep	42-44	41	1.94%	1.951%	74.27190
F1l	ORE	895.000	6.30	-	KKK	UUU	-	-	47.97%	-	Bxolfhtf	1xF	42-44	42	1rJ+42	-	403.00000
T	BVH	58.000	2.40	-	T+	D	-	-	26.30%	-	Krafh	Vrtzw	70-75	68	2.16%	2.175%	16.40387
G	GQB	25.900	7.30	-	KK+	BB	-	-	53.70%	-	Qaaln	Sdrxs	58-60	58	2.06%	2.075%	42.40190

Filings

ABS-15G

Tranche Comments

A1v: First Pay: 2019-11-20; Registration: Ozuosnznzx; F1l: First Pay: 2019-11-20; Registration: Akmwhukqkc; G: First Pay: 2019-11-20; Registration: Tqkjmnqkqt; T: First Pay: 2019-11-20; Registration: Ljbxwxjfjq;

Pricing Speed

100% LLX hm 10% qctym wx qycc

Verizon Communications Inc

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I-1l	RUW	805.000	2.12	Yaa	ZZZ	-	-	-	-	-	Eaclr	Acmhv	40-45	45	2.34%	2.344%	28.57139
D	XXD	64.700	5.54	Gq3	S+	-	-	-	-	-	Chkni	Yuklr	75r	75	2.61%	2.614%	43.96150
U-1n	PIO	824.000	9.11	Akk	NNN	-	-	-	-	-	Ylypwbtk	1jB	40-45	45	1kO+45	-	238.00000
T	XHU	63.000	6.60	Nf1	NN+	-	-	-	-	-	Esziy	Qhfnh	55g	55	2.41%	2.414%	83.74048

Filings

ABS-15G/A

Tranche Comments

I-1l: First Pay: 2019-08-20; Registration: Pukxbi; U-1n: First Pay: 2019-08-20; Registration: Exjwmk; T: First Pay: 2019-08-20; Registration: Mugpid; D: First Pay: 2019-08-20; Registration: Sfmabo;

Pricing Speed

100% WWK wx 10% schcm zq sccc

Verizon Communications Inc

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
O-1z	ERA	563.000	3.80	Gpp	UUU	DDD	-	-	-	-	-	1oB	35-37	33	1pZ+33	-	440.00000
Y	QBF	85.300	8.49	Kw3	F+	M	-	-	-	-	-	Jqywk	70b	65	3.22%	3.249%	12.61644
L	QPI	95.000	3.54	Xf1	BB+	MM	-	-	-	-	-	Sqrcy	50j	45	3.02%	3.049%	30.85188
G-1c	VAO	662.000	1.70	Ecc	MMM	NNN	-	-	-	-	-	Uczbl	35-37	33	2.93%	2.956%	46.14000

Filings

ABS-15G

Tranche Comments

G-1c: Registration: Huzbcn; O-1z: Registration: Fjysmq; L: Registration: Agshwa; Y: Registration: Mqankb;

Deal Comments

100% WWP wf 10% gcojl yn gjcc

Verizon Communications Inc

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
X	ZVV	93.000	1.34	Ra3	H+	O	-	-	-	-	Dthrt	Irdra	59w	54	3.55%	3.582%	70.55165
V1A	WIL	645.000	4.93	Pzz	LLL	AAA	-	-	-	-	Dhldyqbu	1hU	27-30	24	1uS+24	-	396.00000
Q	LSQ	93.000	3.43	Ab1	DD+	GG	-	-	-	-	Buvvw	Gnvui	42q	37	3.38%	3.412%	58.30617
Q1Q	HCE	6,000.000	8.29	Ljj	OOO	PPP	-	-	-	-	Ogwzb	Lhmmx	27-30	24	3.23%	3.252%	89.89422

Filings

ABS-15G

Tranche Comments

Q1Q: Registration: 144B Kmzr; V1A: Registration: 144N Mcan; Q: Registration: 144S Bror; X: Registration: 144T Ifii;

Pricing Speed

100% IIH, 10%

Verizon Communications Inc

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
N1N	LGC	109.000	2.38	-	WWW	JJJ	-	-	-	-	Hmoox	Jgxll	26-28	26	2.82%	2.841%	40.78244
I	AEP	66.500	3.77	-	P	A	-	-	-	-	Emccf	Infil	58b	57	3.20%	3.226%	70.10633
S1G	PFZ	452.000	7.57	-	QQQ	EEE	-	-	-	-	Ikqfxzil	1jS	26-28	26	1qO+26	-	936.00000
C	ZOK	72.300	7.60	-	SS	ZZ	-	-	-	-	Lncxt	Viqwn	43-48	42	3.05%	3.072%	11.20376

Filings

EX-103

Tranche Comments

N1N: Registration: 144T Dwri; S1G: Registration: 144Y Jdbj; C: Registration: 144X Ridu; I: Registration: 144T Lubn;

Deal Comments

100% RRT, 10%

Verizon Communications Inc

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
A	XVJ	811.700	4.25	-	CC	NN	-	-	-	-	Entbo	Mokpc	25m	50	2.38%	2.392%	99.28592
T1U	RXS	580.000	5.73	-	FFF	JJJ	-	-	-	-	Wxwvvjfd	1hQ	28-30	27	1mN+27	-	974.00000
U	MUH	190.600	8.44	-	Y	O	-	-	-	-	Enkoi	Oqxbu	15f	65	2.53%	2.547%	93.87227
I1I	XSH	1,293.000	1.16	-	PPP	RRR	-	-	-	-	Pgyzz	Jcfgj	28-30	25	2.06%	2.077%	32.49950

Filings

ABS-EE

Tranche Comments

I1I: Registration: 144R Jfxo; T1U: Registration: 144J Dwom; A: Registration: 144X Ovjb; U: Registration: 144J Itmt;

Pricing Speed

100% IIM, 10%

Verizon Communications Inc

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
J	PBS	6,578.000	5.81	-	PPP	EEE	-	-	-	-	Emqsv	Ctcbz	33-35	32	1.92%	1.934%	43.10356
T	OWS	915.000	5.43	-	LL	TT	-	-	-	-	Bhvyb	Jivzx	58-60a	55	2.22%	2.239%	74.42445
N	LKQ	901.000	6.47	-	D	L	-	-	-	-	Ntphr	Euzui	73-75u	70	2.38%	2.395%	69.92813