After leading two big issues in just two weeks, bankers in J.P. Morgan & Co.'s asset-backed securities unit are flush with success.

In late October, Morgan sold $510 million worth of securities backed by automobile loans for Daimler-Benz North America. In early November, Morgan sold $460.7 million worth of securities backed by farm equipment loans for J.1. Case, a subsidiary of Tenneco Corp.

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