<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 30,531 <SECURITIES> 43,046 <RECEIVABLES> 1,021,185 <ALLOWANCES> 0 <INVENTORY> 124,388 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,510,039 <CURRENT-LIABILITIES> 0 <BONDS> 1,227,966 <PREFERRED-MANDATORY> 41,908 <PREFERRED> 0 <COMMON> 83 <OTHER-SE> 171,918 <TOTAL-LIABILITY-AND-EQUITY> 1,510,039 <SALES> 30,032 <TOTAL-REVENUES> 115,666 <CGS> 24,096 <TOTAL-COSTS> 24,096 <OTHER-EXPENSES> 69,383 <LOSS-PROVISION> 3,427 <INTEREST-EXPENSE> 6,722 <INCOME-PRETAX> 12,038 <INCOME-TAX> (1,396) <INCOME-CONTINUING> 13,434 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,390 <EPS-PRIMARY> 1.51 <EPS-DILUTED> 1.47