| Standard & Poor's
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Standard & Poor's Rating Service, a division of The McGraw-Hill Companies, is the
world's leading credit rating service. It operates through a global network of 18
offices. S&P's Structured Finance Ratings group covers securitized transactions
and trends in the global market. The Structured Finance group's seasoned analytical
staff is the premier source of valuable ratings information, in-depth analyses, current
market news, and insightful commentary on U.S. and non-U.S. structured issues backed by
mortgages, consumer assets, asset-backed commercial paper, trade receivables, and other
collateral.
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The ABSNet / Standard & Poors Partnership
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| Standard & Poors (S&P) became the first ABSNet partner in January
1998. As an early participant, S&P receives numerous benefits. In addition
to having data on the deals they rate delivered to them electronically, they are actively
involved in the development of the product. They can distribute their ratings
information, research, and other materials directly to ABS industry professionals over
ABSNet.
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Benefit to You
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| With this partnership, you have access to deal data, as well as Standard &
Poors ratings information all in one central location.
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