Park Place announces $1.13 bln home-equity ABS


NEW YORK, Aug 18 (Reuters) - Park Place, one of the issuing trusts of Ameriquest Mortgage, said it plans to sell $1.13 billion in asset-backed securities supported by home equity loans, a source close to the deal said on Thursday. RBS Greenwich Capital and Banc of America Securities are heading the deal's underwriting group that includes Deutsche Bank Securities and Citigroup. The following are the early terms and conditions of "Park Place 2005-WHQ4" (subject to change): Class Amt-mm WAL ...

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