Exhibit 34.2

 

Report of Independent Registered PublicAccounting Firm

 

The Board of Directors

Citibank, N.A.:

 

We have examined management’s assertion, included in theaccompanying Management’s Assessment of Compliance, that the Agency and Trust division of Citibank, N.A. (the “Company”)complied with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission’s Regulation AB(the “Servicing Criteria”) for publicly-issued (*i.e.*, transaction-level reporting initially required under theSecurities Exchange Act of 1934, as amended) and certain privately-issued (*i.e.*, for which transaction-level reporting isrequired pursuant to contractual obligation) automobile loan or lease-backed securities, equipment loan-backed securities and studentloan-backed securities issued on or after January 1, 2006, as listed in Appendix A of the accompanying Management’sAssessment of Compliance, for which the Company provides trustee and paying agent services (the “Platform”), exceptfor servicing criteria 1122(d)(1)(i)-1122(d)(1)(v), 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 the Company has determined are not applicable to the activities it performs with respectto the Platform, as of and for the twelve months ended December 31, 2018. With respect to the Platform, Servicing Criterion1122(d)(3)(ii) is applicable only as it relates to remittances. Management is responsible for the Company’s compliance withthe Servicing Criteria. Our responsibility is to express an opinion on management’s assertion about the Company’s compliancewith the Servicing Criteria based on our examination.

 

Our examination was conducted in accordance with the standardsof the Public Company Accounting Oversight Board (United States) and in accordance with attestation standards established by theAmerican Institute of Certified Public Accountants to obtain reasonable assurance and, accordingly, included examining, on a testbasis, evidence about the Company’s compliance with the Servicing Criteria and performing such other procedures as we considerednecessary in the circumstances. Our examination included testing selected asset-backed transactions and securities that comprisethe Platform, testing selected servicing activities related to the Platform, and determining whether the Company processed thoseselected transactions and performed those selected activities in compliance with the Servicing Criteria. Furthermore, our procedureswere limited to the selected transactions and servicing activities performed by the Company during the period covered by this report.Our procedures were not designed to determine whether errors may have occurred either prior to or subsequent to our tests thatmay have affected the balances or amounts calculated or reported by the Company during the period covered by this report for theselected transactions or any other transactions. We believe that our examination provides a reasonable basis for our opinion. Ourexamination does not provide a legal determination on the Company’s compliance with the Servicing Criteria.

 

In our opinion, management’s assertion that the Companycomplied with the aforementioned Servicing Criteria as of and for the twelve months ended December 31, 2018 is fairly stated,in all material respects.

 

 

Chicago, Illinois

February 15, 2019