Just as the mortgage market got a healthy dose of hope for the year ahead with the Fed's unexpected 50-basis-point cut in interest rates, league table results issued last week indicated a more level playing field for 2001's recuperating RMBS market.

In a rare upset for the residential mortgage-backed market, the entity formed by the recent merger of Credit Suisse First Boston and Donaldson, Lufkin & Jenrette toppled perennial mortgage kingpin Lehman Brothers in league-table rankings, clinching the No. 1 slot for RMBS Managers, according to Thomson Financial Securities Data.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.