| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 8,456.9 | 1 | 16.7 | 13 |
| JP Morgan | 7,811.3 | 2 | 15.5 | 16 |
| Wachovia Corp | 6,097.4 | 3 | 12.1 | 11 |
| Barclays Capital | 5,227.8 | 4 | 10.3 | 8 |
| Deutsche Bank AG | 4,961.9 | 5 | 9.8 | 11 |
| Royal Bank of Scotland Group | 3,144.0 | 6 | 6.2 | 6 |
| Credit Suisse | 3,066.3 | 7 | 6.1 | 6 |
| Banc of America Securities LLC | 2,411.1 | 8 | 4.8 | 4 |
| HSBC Holdings PLC | 2,389.3 | 9 | 4.7 | 3 |
| Merrill Lynch & Co Inc | 1,847.5 | 10 | 3.7 | 4 |
| Industry Total | 50,514.0 | - | 100.0 | 56 |
| Source: Thomson Financial | ||||
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In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
July 31 -
Structured as a master trust deal, AVCCT 2026-1 includes a three-year revolving period, when no principal payments will be made on the series 2026-1—unless an early amortization event happens.
July 31 -
Fannie Mae and Freddie Mac are under directives to make mortgage-backed securities purchases that can exert downward pressure on rates or limit increases.
July 31 -
The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.
July 30 -
Some market participants are taking a 'hawkish hold' FOMC reading coming out of the July meeting, even as they adapt to a quieter intermeeting chairman.
July 30 -
Positive changes in credit provisions contributed to a multiyear high in net income as the GSE and its rival fought to purchase lenders' single-family loans.
July 30









