TEXT-S&P takes various rtg actions on USAA Auto Owner Trust


(The following statement was released by the rating agency) OVERVIEW -- We reviewed nine USAA Auto Owner Trust transactions backed by prime auto receivables. -- We raised our ratings on the class B notes from USAA Auto Owner Trust's series 2006-2, 2006-3, 2006-4, and 2007-2. -- We also affirmed our ratings on the remaining 20 classes from the nine USAA Auto Owner Trusts we reviewed based on their current credit enhancement in relation to our revised expected losses. Feb 22 - ...

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