Asset Securitization Report is pleased to announce that Edward Reardon of JPMorgan is the Grand Prize winner of Thomson Financial's Closest to the Pin contest, having predicted with astonishing accuracy the value of several key indicators in the year-to-date structured finance market. For his keen acuity, the ace competitor wins a set of Ping i3 Irons or a $1000 travel American Express gift cheque.

The contest, sponsored by Asset Securitization Report and IFR MortgageData, received a wellspring of attention and entrants at the recent Phoenix ABS conferences, with hundreds of structured finance professionals from around the globe participating. Each entrant took a swing at making the most precise prediction for a variety of securitization-related indicators, including year-to-date ABS issuance (1/1/02 to 2/22/02), swap spreads, Freddie Mac's Primary Mortgage Market Survey mortgage rate, and the spread on 10-year triple-A CMBS for a specific day (see questions below).

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