(Updated: 2/26/2004 10:03:19 AM) (for details call Kevin Donovan at 212-803-8739)
| |
| auto ABS | |
| Deal: DaimlerChrysler Auto Trust 2004-A --priced-- | $1.5 billion |
| Lead: BCG/CITI/DB | |
| Deal: FTN Financial Auto Securitization Trust 2004-A | $150 million |
| Lead: FTN Financial Capital Markets | |
| Deal: Long Beach Acceptance Auto Receivables Trust 2004-A | $300 million |
| Lead: RBS | |
| Deal: USAA Auto Owner Trust 2004-1 --priced-- | $1.9 billion |
| Lead: CITI/BOA | |
| Deal: Wells Fargo Auto Owners Trust 2004-A --priced-- | $500 million |
| Lead: CITI/JPMorgan Securities | |
| --- subtotal: $4.35 billion --- | |
| credit cards | |
| Deal: Bank One Issuance Trust 2004-A2 --priced-- | $2 billion |
| Lead: BOCM/JPMorgan Securities | |
| Deal: MBNASeries 2004-A3 --priced-- | $700 million |
| Lead: GS/LB | |
| --- subtotal: $2.7 billion --- | |
| global RMBS | |
| Deal: Holmes Financing No. 8 | $5.48 billion (equiv) |
| Lead: BCG/LB/UBS | |
| Deal: Permanent Financing No. 4 | $9.61 billion (equiv) |
| Lead: CITI/MS/UBS | |
| --- subtotal: $15.09 billion --- | |
| real estate ABS | |
| Deal: ACE Securities Trust 2004-HS1 --priced-- | $446.3 million |
| Lead: DB | |
| Deal: Bear Stearns ABS 2004-HE1 --priced-- | $245.15 million |
| Lead: BS | |
| Deal: Centex Home Equity Loan Trust 2004-B | $783 million |
| Lead: RBS | |
| Deal: Countrywide Home Equity Loan Trust 2004-BC1 | $1.03 billion |
| Lead: CSC | |
| Deal: Equifirst Mortgage Loan 2004-1 --priced-- | $346.3 million |
| Lead: RBS | |
| Deal: GMAC Mortgage Loan Trust 2004-VF1 | $487.9 million |
| Lead: BS | |
| Deal: Home Equity Asset Trust 2004-2 --priced-- | $800 million |
| Lead: CSFB | |
| Deal: IndyMac Home Equity Loan ABS Trust 2004-1 --priced-- | $500.01 million |
| Lead: LB | |
| Deal: MASTR ABS 2004-OPT1 --priced-- | $674.83 million |
| Lead: UBS | |
| Deal: Morgan Stanley ABS Capital 2004-HE1 --priced-- | $1.69 billion |
| Lead: MS | |
| Deal: Morgan Stanley ABS Capital 2004-NC2 --priced-- | $727.87 million |
| Lead: MS | |
| Deal: Morgan Stanley ABS Capital 2004-NC3 --priced-- | $1.39 billion |
| Lead: MS | |
| Deal: SABR 2004-OP1 --priced-- | $1.75 billion |
| Lead: BCG | |
| Deal: Terwin Mortgage Trust 2004-1HE | $196.3 million |
| Lead: Terwin Capital | |
| --- subtotal: $11.06 billion --- | |
| student loans | |
| Deal: Sallie Mae Student Loan Trust 2004-2 --priced-- | $2.31 billion |
| Lead: CSFB/JPMorgan Securities/ML | |
| --- subtotal: $2.31 billion --- | |
| --- Total of list: $35.51 billion --- |
-
Each manufacturer commits to repurchasing unsold new vehicles in inventory when the dealer terminates the agreement—if they are undamaged and unused.
4h ago -
The pool appears to be well diversified by loan originator. Vista Point Mortgage and FundLoans Capital together originated the largest portion of the portfolio, representing 29.3%.
October 29 -
The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
October 29 -
Up to 75% of the class A2 notes pay a coupon based on the Secured Overnight Financing Rate (SOFR). Also, since the assets pay a fixed rate, interest rate spikes could eat away at excess spread.
October 28
-
Late-stage mortgage delinquencies hit the highest level since January 2020 in September, a new report from VantageScore found.
October 28 -
In terms of asset fundamentals, the high-quality tenant committed to a 15-year lease with maturity dates through various end dates in 2040. That includes 2.0% annual rent increases.
October 28




