<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 13,900 <SECURITIES> 0 <RECEIVABLES> 258,600 <ALLOWANCES> (52,400) <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,588,800 <CURRENT-LIABILITIES> 0 <BONDS> 1,558,700 <COMMON> 5,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 50,000 <OTHER-SE> 204,700 <TOTAL-LIABILITY-AND-EQUITY> 2,588,800 <SALES> 0 <TOTAL-REVENUES> 118,900 <CGS> 0 <TOTAL-COSTS> 79,000 <OTHER-EXPENSES> 3,300 <LOSS-PROVISION> 5,800 <INTEREST-EXPENSE> 64,200 <INCOME-PRETAX> 39,900 <INCOME-TAX> 14,500 <INCOME-CONTINUING> 25,400 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 25,400 <EPS-PRIMARY> 0 <EPS-DILUTED> 0