OMB Number: 3235-0675
Expires: March 31, 2014
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM ABS-15G
ASSET-BACKED SECURITIZER
REPORT PURSUANT TO SECTION 15G OF
THE SECURITIES EXCHANGE ACT OF 1934
Citigroup Global Markets Holdings Inc.
Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:
X Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period January 1, 2012 to March 31, 2012
Date of Report (Date of filing): May 15, 2012
Commission File Number of securitizer:
Central Index Key Number of securitizer: 0000200245
Paul Vanderslice, Citigroup Global Markets Holdings Inc., (212) 723-1295
Matthew Lyons, SNR Denton US LLP, (212) 768-6867
Name
and telephone number, including area code, of the persons to
contact in connection with this filing.
Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [ ]
Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [x]
Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [ ]
REPRESENTATION AND WARRANTY INFORMATION
Item 1.02 Periodic Filing of Rule 15Ga-1 Representations and Warranties Disclosure.
The disclosures required by Rule 15Ga-1 (17 CFR 240.15Ga-1) is attached as an Exhibit to this Form ABS-15G. Please see Exhibit 99.1 for the related information.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Citigroup
Global Markets
Holdings Inc.
| Date: May 15, 2012 | /s/ Paul Vanderslice |
| Name: Paul Vanderslice | |
| Title: Vice President | |
| (senior officer in charge of securitization of the securitizer) |
EXHIBIT INDEX
Exhibit Number
| 99.1 | Table for Form ABS-15G (Repurchase reporting) |
Exhibit 99.1
| Table for Form ABS-15G (Repurchase reporting)(1)(2) | ||||||||||||||||||||||||
| Citigroup Global Markets Holdings Inc. | ||||||||||||||||||||||||
| Name of the Issuing Entity | CIK Number | Check if Registered | Name of Originator(3) | Total Assets in ABS by Originator | Assets That Were Subject of Demand(4) | Assets That Were Repurchased or Replaced(5) | Asset Pending Repurchase or Replacement (within the cure period)(6) | Demand in Dispute(7) | Demand Withdrawn(8) | Demand Rejected(9) | ||||||||||||||
| Asset Type: Residential Mortgage-Backed Securities | ||||||||||||||||||||||||
| (#) | ($) | (%) | (#) | ($) | (%) | (#) | ($) | (%) | (#) | ($) | (%) | (#) | ($) | (%) | (#) | ($) | (%) | (#) | ($) | (%) | ||||
| J.P. Morgan Commercial Mortgage Finance Corp., Mortgage Pass-Through Certificates, Series 1997-C5 | #0001046305 | X | Prudential Securities Credit Corp. / Midland Loan Services, L.P | 105 | 397,614,308 | 38.50 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 |
| Smith Barney Mortgage Capital Group, Inc. | 71 | 234,889,102 | 22.70 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 1 | 1,343,653 | 2.85 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | |||
| Morgan Guaranty Trust Company of New York | 93 | 401,244,372 | 38.80 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | |||
| J.P. Morgan Commercial Mortgage Finance Corp., Mortgage Pass-Through Certificates, Series 1997-C5 Total | 269 | 1,033,747,782 | 100.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 1 | 1,343,653 | 2.85 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | |||
| Grand Total | 269 | 1,033,747,782 | 100.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 1 | 1,343,653 | 2.85 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | |||
Footnotes:
(1) While we have attempted to gather all of the information required by this Form ABS-15G and Rule 15Ga-1 (the "Reportable Information") we cannot be certain that we have obtained all applicable Reportable Information since, among other things, some entities that have the obligation to enforce repurchase obligations (the "Demand Entities") may no longer be in existence, some of the Demand Entities that are still in existence may not have responded to our request for Reportable Information, some Demand Entities may not have agreed to provide Reportable Information or may not have provided complete Reportable Information, and some Demand Entities may be unable or unwilling to provide Reportable Information without unreasonable effort or expense (or without imposing unreasonable expense on us). The information in this Form ABS-15G has not been verified by any third party.
(2) For assets where more than one activity occurred during the reporting period, only the most recent activity is reported herein, provided that assets subject to demands to repurchase are listed in both the “Assets That Were Subject to Demand” column as well as an additional column showing the most recent status during the reporting period. If activity with respect to a particular asset occurred in the prior reporting period and the status of such asset remained unchanged as of the end of the subject reporting period, no activity with respect to such asset is reported herein.
(3) In many cases, the entity identified as “Originator” is the entity that sold the assets to the sponsor, based on the sponsor’s records. This entity may or may not be the originator of the assets. The securitizer is not able to obtain further information as to the identity of the originator without unreasonable effort or expense.
(4) Assets included in “Assets That Were Subject of Demand” includes only assets where a demand was made or other activity occurred during the reporting period, and includes such assets whether the demand was resolved during the reporting period or remains unresolved as of the end of the reporting period. The outstanding principal balance of each asset in these columns (and all columns to the right) is based on the end of the reporting period or the most recent balance available for assets that remain in the pool at that time or the latest balance reported if the asset was liquidated or removed from the pool prior to the end of the reporting period.
(5) “Assets That Were Repurchased or Replaced” may include assets that were previously liquidated, and for which a make-whole payment was made in lieu of repurchase.
(6) “Assets Pending Repurchase or Replacement” includes only assets for which a decision to repurchase, replace or make-whole had been approved but such action has not been completed, and are shown without regard to cure period status.
(7) “Demand in Dispute” shows all assets for which a demand has been made, and for which either the demand is in dispute, or the demand is still under review. This column does not show an asset if the demand was in dispute in a prior reporting period, and no further activity occurred during this reporting period.
(8) “Demand Withdrawn” shows assets where the repurchase demand was withdrawn by the trustee, or by any other party that made the demand. This column does not show an asset if the demand was in dispute in a prior reporting period, and no further activity occurred during this reporting period.
(9) “Demand Rejected” shows assets where a repurchase demand has been rejected by the securitizer, or by any other party that would be obligated to repurchase the asset if the claim was valid.