Countrywide to offer two-part $2 bln home-equity ABS

Newswire

NEW YORK, Aug 22 (Reuters) - Countrywide Mortgage has issued price guidance for its two-part $2 billion home equity-backed deal, a source close to the deal said on Monday. Class No. 1A, for $880 million, carries a 2.23 year average life and is rated triple-A. It is not publicly offered. Class No. 2A, for $1.12 billion, also has a 2.23 year average life and is rated triple-A. Price talk is in the area of 20 basis points over one-month Libor. Countrywide Securities in the lead ...

Premium Content (PAID Subscription Required)

"Countrywide to offer two-part $2 bln home-equity ABS" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×