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Company sold retained subordinated securities with an aggregate face value of $51.0 million for $52.5million in net cash proceeds.The Company retains servicing responsibilities for automobile loan securitizations and receives annualservicing fees ranging from 1% to 2% of the loans securitized for services that it provides to thesecuritization trusts. The servicing fees are recognized in other, net revenue in the consolidated statementsof income. The Company does not recognize a servicing asset or liability, because the benefits of servicingare just adequate to compensate for its servicing responsibilities as the servicing fees are consistent withcurrent market rates that would be charged to compensate a substitute servicer for providing these services.The following table provides a summary of cash flows received from and paid to securitization trusts:(in thousands)for the fiscal years ended September 30 2009 2008 2007Servicing fees received .......................................... $ 13,348 $ 13,389 $ 15,197Cash flows received in relation to retained subordinated securities ....... 6,791 1,830 N/ACash flows received in relation to residual interests ................... 1,554 10,441 18,076Cash paid in relation to residual interests ............................ (40,058) — —Purchase of loans from the securitization trusts ....................... — (42,608) (39,346)Amounts payable to the trustee related to loan principal and interest collected on behalf of thesecuritization trusts of $24.1 million at September 30, 2009 and $35.6 million at September 30, 2008 wereincluded in other banking/finance liabilities in the consolidated balance sheets.The Company provides guarantees to cover shortfalls for the securitization trusts in amounts due to theholders of the asset-backed securities if the shortfall exceeds cash on deposit. At September 30, 2009 and2008, the maximum potential amounts of future payments related to these guarantees were $7.4 million and$49.0 million. The fair value of the guarantees was recognized as banking/finance liabilities in theconsolidated balance sheets and was not significant. During fiscal year 2009, the Company increased theamount of cash on deposit to replace the letters of credit for the securitization trusts. As a result, themaximum potential amounts of future payments related to the guarantees were reduced by the same amount.During fiscal years 2009 and 2008, the Company did not provide any financial or other support to thesecuritization trusts or the holders of the asset-backed securities, other than described above.The original amount of loans serviced for the securitization trusts that were still in existence atSeptember 30, 2009 and 2008 totaled $1.8 billion. At September 30, 2009 and 2008, the securitization trustshad 44,221 and 58,322 loans outstanding, and their weighted-average annualized interest rate was 10.5% asof the end of each period. Net charge-offs on the securitized loans held by the securitization trusts and theloans that were managed together with them were $44.8 million in fiscal year 2009, $31.7 million in fiscalyear 2008 and $16.2 million in fiscal year 2007.92