| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 10,765.7 | 1 | 16.1 | 22 |
| Citigroup | 10,626.5 | 2 | 15.9 | 17 |
| Wachovia Corp | 9,764.8 | 3 | 14.6 | 16 |
| Barclays Capital | 6,578.7 | 4 | 9.8 | 10 |
| Deutsche Bank AG | 5,934.7 | 5 | 8.9 | 14 |
| Banc of America Securities LLC | 4,438.3 | 6 | 6.6 | 8 |
| Royal Bank of Scotland Group | 3,644.0 | 7 | 5.4 | 8 |
| Credit Suisse | 3,466.3 | 8 | 5.2 | 7 |
| HSBC Holdings PLC | 2,389.3 | 9 | 3.6 | 3 |
| Goldman Sachs & Co | 2,326.6 | 10 | 3.5 | 4 |
| Industry Total | 66,929.3 | - | 100.0 | 74 |
| 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









