NEW YORK, Oct 16 (Reuters) - Residential Funding Corp., a unit of General Motors Corp. , sold $1.35 billion in asset-backed securities, supported by subprime home equity loans, syndicate sources said on Thursday.
The deal is wrapped by Ambac Assurance.
Deutsche Bank Securities and Bear Stearns were lead managers on the deal, while Credit Suisse First Boston and Residential Funding ...
Sign in to access
this Article
"New Issue-GM unit sells $1.35 billion home equity notes" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.

