| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Deutsche Bank AG | 9,949.7 | 1 | 14.6 | 16 |
| JP Morgan | 9,270.7 | 2 | 13.6 | 19 |
| Citigroup | 8,796.6 | 3 | 12.9 | 15 |
| Wachovia Corp | 7,013.2 | 4 | 10.3 | 13 |
| Banc of America Securities LLC | 6,877.6 | 5 | 10.1 | 13 |
| Credit Suisse First Boston | 5,972.7 | 6 | 8.7 | 13 |
| Morgan Stanley | 3,703.6 | 7 | 5.4 | 8 |
| Barclays Capital | 3,524.5 | 8 | 5.2 | 9 |
| Bear Stearns & Co Inc | 2,456.4 | 9 | 3.6 | 2 |
| Merrill Lynch & Co Inc | 2,426.9 | 10 | 3.6 | 4 |
| Industry Total | 68,332.4 | - | 100.0 | 81 |
| Source: Thomson Financial | ||||
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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








