The weighted average FICO score of 748 is consistent with recent NALT transactions, according to Fitch. The pool is primarily composed of 36-month leases (67.4% versus 50.7% in 2015-A) and has seasoning of 12 months. The base residual value percentage decreased slightly to 69.3% in 2015-B versus 69.7% for 2015-A. Credit losses on NMAC's portfolio and recent NALT securitizations have stabilized since the recession, and are currently low in 2015. However, residual losses have risen through 2Q15 with Infiniti vehicles playing a larger role in driving losses. However losses are still well below peak 2008–2009 levels for both Nissan and Infiniti brands. Fitch's 'BB' RV loss expectation is 12.40% and the credit loss proxy is 0.90%.