| 2011 | 2010 | 2009 | |
|---|---|---|---|
| ABS (Public + 144A) | 133,573.6 | 116,322.2 | 146,319.2 |
| ABS (Public + 144A excluding CDOs) | 126,396.4 | 113,228.7 | 144,209.6 |
| ABS (Public Only) | 73,180.1 | 54,482.5 | 84,146.5 |
| ABS (144A Only) | 60,393.5 | 61,839.7 | 62,172.7 |
| Non-Agency MBS | 65,700.3 | 54,091.0 | 9,728.8 |
| Agency MBS | 321,579.6 | 500,815.7 | 278,277.1 |
| CMBS | 32,893.2 | 26,341.5 | 6,510.3 |
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.
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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.
