ABS Sector Close-Up

Published January 12, 2004, 12:00 a.m. EST

1 Min Read

Year to date as of Jan 14

			Coupon Type				Market				Average Life Buckets

Asset Class	Volume Pub/144A		Fixed Rate		Floating Rate		Public		144A		0.0 to 0.9		1.0 to 2.9		3.0 to 5.9		6.0 to 7.9		8.0 to 11.0

Aircraft Leases	4,663		3,030		1,633				4,663		3,217		230		646		361		208
Auto Loans/Recs	79,232		61,587		17,646		74,987		4,245		23,567		39,688		15,718		125		113
Cash	599		249		350				599		599
Commercial Loans	311		188		123				311				311
Corp Bond/Note	6,217		1,901		4,283				6,217		3,731				874		468		1,144
Corporate Loans	9,101		1,136		7,928				9,101		2,685		1,464		221		2,624		2,084
Credit Card Rec	66,230		18,210		48,020		65,149		1,081		21,705		5,508		33,228		2,790		3,000
Equip Loans	547				547				547		177				338		32
Equip. Leases	9,128		5,168		3,960		6,685		2,443		3,230		4,743		1,080		75
Floorplan Recs	8,346		2,132		6,214		7,510		836		3,032		1,790		3,524
Franchisee Loans	728		728						728		500						109
Home Impr Loans	8		8						8		8
Junk Bonds	8,840		1,798		7,043				8,840		3,018				44		2,711		3,066
Leases	632		632						632										182
Loans	2,998				2,998				2,998		2,998
Mnfrd Housing Ct	714		593		121		575		139				103		186		11		359
Mutual Fund Fees	991		116		875				991		991
Non-Jumbo Mtg Ln	80,682		36,961		40,095		76,616		4,066		43,228		15,888		19,826		1,262		326
Oil Receivables	750		750						750		750
Preferred Sec	2,382		678		1,679				2,382		1,134				108		218		921
Prv Issued Sec	1,916		1,176		615		215		1,701		1,916
Rental Car Rec.	4,125		2,400		1,725		1,000		3,125		1,500		460		2,165
Rev Cred/Home Eq	232,263		95,492		125,525		207,730		24,533		100,807		72,528		51,532		4,831		2,337
Sm Business Loan	1,415				1,415				1,415		401				444		570
Struc Fin Credit	32,866		8,535		24,295				32,866		13,762		758		5,752		7,380		5,133
Student Loans	40,629		1,990		31,640		32,681		7,948		12,068		6,150		10,270		7,340		2,513
Tax Liens	86		86						86				86
Ticket Rec	220		10		210				220		220
Timeshare Loans	848		715		133				848		170		678
Tobacco Receives	154		154						154						154
Trade Recs	225		105		120				225		225
Unspecified/NA	667		542		125				667		667

Note: Figures are preliminary and subject to change. Data includes U.S. deals and dollar Euro 144As.Source: Thomson Financial

For reprint and licensing requests for this article, click here.

TRENDING

Esoteric ABS

MTP's issues $386 million in cell tower ABS, its first public deal

Tower Point Capital, the deal's manager, is considered to have one of the largest privately held wireless infrastructure portfolios in the U.S.

By Donna M. Mitchell

April 24
Housing markets

Prepayments hit 4-year high after mortgage rates eased

Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.

By Spencer Lee

April 24
Bonds

Global bonds set for worst week in a month as U.S.-Iran risks rise

The bond selloff reflects mounting concern that prolonged disruption to energy supplies will keep inflation elevated, hindering central banks from lowering rates.

April 24

Load More

MORE FROM ASSET SECURITIZATION REPORT

Esoteric ABS

MTP's issues $386 million in cell tower ABS, its first public deal

Tower Point Capital, the deal's manager, is considered to have one of the largest privately held wireless infrastructure portfolios in the U.S.

By Donna M. Mitchell
Editor

April 24
Housing markets

Prepayments hit 4-year high after mortgage rates eased

Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.

By Spencer Lee
Technology Reporter

April 24
Federal Reserve

Banks question Basel omission of PMI in mortgage weights

A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.

By Maria Volkova
Reporter

April 24
RMBS

Itasca Park sponsors $302.4 million in RMBS

Non-qualified loans are the majority of loans in the pool, 59.2%, while loans exempt from the Ability-to-Repay/Qualified Mortgage rule, represent 35.9%.

By Donna M. Mitchell
Editor

April 23
Mortgage rates

Mortgage rates at lowest in three spring purchase seasons

The 30-year fixed is still over 20 basis points higher than its February bottom, but fell 7 basis points this past week on Iran peace hopes, Freddie Mac said.

By Brad Finkelstein
Originations Editor

April 23
Securitization

KKR makes $1.5 billion equity investment in Vertical Bridge

February's securitization from Vertical Bridge was the sector's largest-ever deal and included the sector's first single-B rated tranche.

By Donna M. Mitchell
Editor

April 23

Load More