Financial Guaranty Insurance Corp. has made good on its promise to expand outside of home equity in the ABS market. The newly staffed-up monoline wrapped its first-ever rental car deal for AESOP, the issuance vehicle of Avis Rent A Car, a subsidiary of Cendant Corp.

This is also FGIC's first ABS wrap since mid-last year, prior to the sale of FGIC from GE Capital Corp. to a group of investors led by the PMI Group.



3/11/2003 Wachovia Securities Asset Securities Inc. 2003-HE1 $1,000.00 WS
3/18/2003 GMAC Home Equity Loan Trust 2003-HE2 $718.56 BS
4/10/2003 Fleet HELOC Trust 2003-1 $788.00 CITI/LB
5/28/2003 Countrywide HELOC Trust 2003-E $550.00 CSC
6/9/2003 GMAC-RFC RFMSII 2003-HS2 $649.95 BS
6/11/2003 Wachovia ASI HELOC 2003-HE2 $1,250.00 WS
Total $4,956.51

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