| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 4,444.3 | 1 | 14.9 | 6 |
| Deutsche Bank AG | 3,770.1 | 2 | 12.6 | 7 |
| Citigroup | 3,705.3 | 3 | 12.4 | 5 |
| Credit Suisse First Boston | 3,129.1 | 4 | 10.5 | 7 |
| Banc One Capital Markets | 2,863.2 | 5 | 9.6 | 5 |
| Banc of America Securities LLC | 2,447.8 | 6 | 8.2 | 5 |
| Barclays Capital | 2,400.8 | 7 | 8.1 | 5 |
| Merrill Lynch & Co Inc | 1,968.4 | 8 | 6.6 | 3 |
| Morgan Stanley | 1,781.2 | 9 | 6.0 | 3 |
| Goldman Sachs & Co | 1,289.4 | 10 | 4.3 | 3 |
| Industry Total | 29,822.9 | - | 100.0 | 36 |
| 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.
4h ago -
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
8h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
9h ago -
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









