| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 3,424.4 | 1 | 14.6 | 4 |
| Credit Suisse First Boston | 3,129.1 | 2 | 13.3 | 7 |
| Deutsche Bank AG | 3,019.2 | 3 | 12.9 | 6 |
| JP Morgan | 2,618.8 | 4 | 11.2 | 4 |
| Banc of America Securities LLC | 2,252.8 | 5 | 9.6 | 4 |
| BANK ONE Corp | 2,112.3 | 6 | 9.0 | 4 |
| Morgan Stanley | 1,781.2 | 7 | 7.6 | 3 |
| Goldman Sachs & Co | 1,289.4 | 8 | 5.5 | 3 |
| Barclays Capital | 1,180.4 | 9 | 5.0 | 2 |
| Wachovia Corp | 1,087.4 | 10 | 4.6 | 4 |
| Merrill Lynch & Co Inc | 744.5 | 11 | 3.2 | 2 |
| Lehman Brothers | 445.5 | 12 | 1.9 | 1 |
| Royal Bank of Scotland Group | 287.5 | 13 | 1.2 | 2 |
| Westdeutsche Landesbank Giro | 120.2 | 14 | 0.5 | 1 |
| Industry Total | 23,492.6 | - | 100.0 | 29 |
| Source: Thomson Financial | ||||
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The deal will raise about $175 million in securitized bonds, backed by a pool of residential investors loans (42.1%) and traditional small-balance commercial (SBC) mortgages.
7h ago -
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
11h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
August 11 -
The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
August 10 -
Despite the variety of loans in the pool, the vast majority of assets are considered qualified mortgages, with only 10.9% considered non-QM.
August 10 -
The July jobs report was bad, but the context is worse: people leaving the labor force, stubborn inflation and rising bond yields.
August 10









