<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MARCH 31, 198 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 42,308 <SECURITIES> 0 <RECEIVABLES> 1,048,678 <ALLOWANCES> 0 <INVENTORY> 145,167 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,469,136 <CURRENT-LIABILITIES> 0 <BONDS> 1,267,798 <PREFERRED-MANDATORY> 41,908 <PREFERRED> 0 <COMMON> 66 <OTHER-SE> 119,473 <TOTAL-LIABILITY-AND-EQUITY> 1,469,136 <SALES> 16,976 <TOTAL-REVENUES> 55,905 <CGS> 13,879 <TOTAL-COSTS> 13,879 <OTHER-EXPENSES> 31,316 <LOSS-PROVISION> 2,352 <INTEREST-EXPENSE> 3,418 <INCOME-PRETAX> 4,940 <INCOME-TAX> (641) <INCOME-CONTINUING> 5,581 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,281 <EPS-PRIMARY> 0.66 <EPS-DILUTED> 0.64