Exhibit 34.1

 

Report of Independent Registered Public AccountingFirm

 

To the Board of Directors of New Holland Credit Company,LLC

 

We have examined management’s assertion, includedin the accompanying Certification Regarding Compliance with Applicable Servicing Criteria, that New Holland Credit Company, LLC (the Company)complied with the servicing criteria set forth in Item 1122 (d) of the Securities and Exchange Commission’s Regulation AB for theasset backed securities transactions related to the trusts listed on Appendix A (the “Platform”) as of and for the year endedDecember 31, 2021, except for Items 1122 (d)(1)(iii), 1122 (d)(1)(iv), 1122 (d)(2)(ii), 1122 (d)(2)(iii), 1122 (d)(2)(vi), 1122 (d)(4)(x),1122 (d)(4)(xi), 1122 (d)(4)(xii), 1122 (d)(4)(xiii), and 1122 (d)(4)(xv), (the “Criteria”) which the Company has determinedare not applicable to the activities performed by them with respect to the servicing platform covered by this report. Management is responsiblefor the Company’s compliance with those servicing criteria. Our responsibility is to express an opinion on management’s assertionabout the Company’s compliance with the servicing criteria based on our examination.

 

Our examination was conducted in accordance withattestation standards established by the American Institute of Certified Public Accountants and the Public Company Accounting OversightBoard (United States) and, accordingly, included examining, on a test basis, evidence about the Company’s compliance with the applicableservicing criteria and performing such other procedures as we considered necessary in the circumstances. Our examination included testingof less than all of the individual asset backed transactions and securities that comprise the platform, testing of less than all of theservicing activities related to the Platform and determining whether the Company processed those selected transactions and performed thoseselected activities in compliance with the servicing criteria and as permitted by Regulation AB Compliance and Disclosure Interpretationsof the Division of Corporation Finance, Section 200.06, “Vendors Engaged by Servicers” (C&DI 200.06). Furthermore, ourprocedures were limited to the selected transactions and servicing activities performed by the Company during the period covered by thisreport. 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 the selectedtransactions or any other transactions. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonablebasis for our opinion.

 

Our examination does not provide a legal determinationon the Company’s compliance with the servicing criteria.

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As described in management’s assertion, forservicing criteria 1122 (d)(2)(i) and 1122 (d)(4)(i), the Company has engaged various vendors to perform the activities required by theseservicing criteria. The Company has determined that these vendors are not considered a “servicer” as defined in Item 1101(j)of Regulation AB, and the Company has elected to take responsibility for assessing compliance with the applicable servicing criteria applicableto each vendor as permitted by C&DI 200.06. As permitted by C&DI 200.06, the Company has asserted that it has policies and proceduresin place designed to provide reasonable assurance that the vendors’ activities comply in all material respects with servicing criteriaapplicable to each vendor. The Company is solely responsible for determining that it meets the SEC requirements to apply C&DI 200.06for the vendors and related criteria as described in its assertion, and we performed no procedures with respect to the Company’seligibility to apply C&DI 200.06.

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In our opinion, management’s assertion thatthe Company complied with the Criteria, including servicing criteria 1122 (d)(2)(i) and 1122 (d)(4)(i) for which compliance is determinedbased on C&DI 200.06 as described above, as of and for the year ended December 31, 2021 for the Platform, is fairly stated, in allmaterial respects.

 

/s/ Ernst & Young LLP

 

Ernst & Young LLP

 

March 23, 2022

 

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**Appendix A**

 

Asset backed securities transactions constitutingthe Platform

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**Deal Name**

CNH Equipment Trust 2016-C

CNH Equipment Trust 2017-A

CNH Equipment Trust 2017-B

CNH Equipment Trust 2017-C

CNH Equipment Trust 2018-A

CNH Equipment Trust 2018-B

CNH Equipment Trust 2019-A

CNH Equipment Trust 2019-B

CNH Equipment Trust 2019-C

CNH Equipment Trust 2020-A

CNH Equipment Trust 2021-A

CNH Equipment Trust 2021-B

CNH Equipment Trust 2021-C

 

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