Fitch: U.S. ABCP S.M.A.R.T. Update for Week of Oct. 16, 2006

Business Wire, Oct 23, 2006

NEW YORK -- For the week of Oct. 16, 2006, the following ABCP issuers in Fitch's U.S. ABCP SMART system were updated:

-- Aspen Funding Corp. (August 2006)

-- CCN (Independence IV) LLC (September 2006)

-- CCN (Orchard Park) LLC (September 2006)

-- Deer Valley Funding LLC (September 2006)

-- Falcon Asset Securitization Corp. (August 2006)

-- Gotham Funding Corp. (August 2006)

-- Jupiter Securitization Corp. (August 2006)

-- Kitty Hawk Funding Corp. (August 2006)

-- Lockhart Funding LLC (September 2006)

-- Old Line Funding Corp. (August 2006)

-- Park Avenue Receivables Company, LLC (August 2006)

-- Park Place Securities, LLC (August 2006)

-- Preferred Receivables Funding Corp. (August 2006)

-- Ranger Funding Company LLC (August 2006)

-- Sunbelt Funding Corp. (September 2006)

-- Thunder Bay Funding, Inc (August 2006)

-- Voyager Funding Corp. (July 2006)

-- Yorktown Capital, LLC (August 2006)

The most recent month for which data is available is noted in parentheses above. For the most recent and detailed ABCP program surveillance data, visit the S.M.A.R.T. database available on Fitch Research, the Fitch Ratings subscription-based web site located at www.fitchratings.com. Through S.M.A.R.T., Fitch currently provides performance characteristics on over 80 U.S. ABCP conduits.

ABCP S.M.A.R.T. provides a detailed and consistent reporting format for U.S. ABCP performance data. ABCP S.M.A.R.T. consists of two modules: the Conduit Surveillance module presents issuer reports and the Search Engine module provides users the ability to sort through Fitch-rated programs by single or multiple characteristics. Fitch rates over 175 ABCP issuing entities globally.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.