| 2011 | 2010 | 2009 | |
|---|---|---|---|
| ABS (Public + 144A) | 37,240.4 | 41,410.7 | 24,857.1 |
| ABS (Public + 144A excluding CDOs) | 35,860.6 | 40,842.9 | 24,660.3 |
| ABS (Public Only) | 21,011.8 | 16,018.3 | 18,963.5 |
| ABS (144A Only) | 16,228.5 | 25,392.4 | 5,893.6 |
| Non-Agency MBS | 19,058.1 | 7,671.5 | 337.9 |
| Agency MBS | 108,738.9 | 133,336.1 | 35,173.0 |
| CMBS | 10,794.1 | 5,867.1 | 1,255.1 |
Spreads ranging from 16-18 basis points over the three-month, interpolated yield curve on the P1 (Moody's) and F1+ (Fitch) notes, to 160 to 170 over the benchmark on the class D notes.
Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
