Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
JP Morgan | 11,052.5 | 1 | 16.4 | 17 |
Credit Suisse First Boston | 7,996.7 | 2 | 11.9 | 15 |
Morgan Stanley | 7,181.2 | 3 | 10.7 | 10 |
Deutsche Bank AG | 7,041.4 | 4 | 10.5 | 11 |
Citigroup | 5,750.3 | 5 | 8.6 | 11 |
BANK ONE Corp | 5,321.8 | 6 | 7.9 | 10 |
Banc of America Securities LLC | 4,347.2 | 7 | 6.5 | 10 |
Barclays Capital | 4,301.4 | 8 | 6.4 | 11 |
Wachovia Corp | 2,978.1 | 9 | 4.4 | 11 |
Bear Stearns & Co Inc | 2,856.5 | 10 | 4.3 | 1 |
Industry Total | 67,256.1 | - | 100.0 | 85 |
Source: Thomson Financial |
-
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
There are two series, 2024-1 and 2024-2, that have revolving periods—three for the 2024-1 and five for the 2024-2—during which noteholders will not receive any principal.
March 28 -
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
March 27 -
Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27