While in some sectors specialty finance companies have taken a beating over the last year-and-half, behind-the-scenes subprime auto issuer Ugly Duckling Corp. has grown steadily - peddling deals in the private (sometimes Rule 144A) market on a quarterly basis, said Duckling's Senior Vice President and Chief Financial Officer Steve Darak.

The company will securitize its next batch of loans by the end of the month in a some-odd $150 million deal, managed by Greenwich Capital Markets. The deal will feature a wrap from MBIA Insurance Corp., Darak said.

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