| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 9,168.4 | 1 | 14.7 | 18 |
| Citigroup | 8,238.7 | 2 | 13.2 | 13 |
| Deutsche Bank AG | 8,139.0 | 3 | 13.0 | 15 |
| Wachovia Corp | 7,013.2 | 4 | 11.2 | 13 |
| Banc of America Securities LLC | 6,552.7 | 5 | 10.5 | 12 |
| Credit Suisse First Boston | 5,315.3 | 6 | 8.5 | 11 |
| Morgan Stanley | 3,703.3 | 7 | 5.9 | 8 |
| Barclays Capital | 3,524.5 | 8 | 5.6 | 9 |
| Bear Stearns & Co Inc | 2,456.4 | 9 | 3.9 | 2 |
| Merrill Lynch & Co Inc | 2,426.9 | 10 | 3.9 | 4 |
| Industry Total | 62,573.4 | - | 100.0 | 74 |
| Source: Thomson Financial | ||||
-
The deal's obligor concentrations—its top and top five obligors account for 9.45% and 37.95% of the pool—are reigned in by WEF's focus on mission-critical essential use equipment.
September 21 -
The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
September 21 -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
September 21 -
Given current rates are higher than the MBA and Fannie Mae forecasts, the industry could see further downside risk to the housing outlooks in October.
September 21 -
GDLP 2026-2 also has lower levels of initial credit enhancement compared to GDLP 2026-1, at 6.12% versus 5.74%; overcollateralization at 23.90% versus 24.92% and total gross excess spread of 5.55% versus 5.98%.
September 18 -
Federal Reserve Vice Chair for Supervision Michelle Bowman Friday highlighted a pair of new provisions to the final stress test framework that arose from public commentary submitted to the agency last year.
September 18








