| 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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Bank statement underwriting, often applied in situations where the borrower is self-employed, accounted for the plurality of documentation types in the pool, at 44.9%.
April 27 -
The deal saw notable changes from SCLP 2021-1, especially an increase in target and initial overcollateralization.
April 27 -
Fintech firm IntraFi's most recent quarterly survey of bank executives showed rising pessimism among bankers related to "instability in Washington," as well as growing concerns about technology-enabled fraud.
April 27 -
Tower Point Capital, the deal's manager, is considered to have one of the largest privately held wireless infrastructure portfolios in the U.S.
April 24 -
Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
April 24 -
A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.
April 24









