| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan Securities Inc. | 7,539.2 | 1 | 47.6 | 9 |
| Banc of America Securities LLC | 3,350.7 | 2 | 21.1 | 3 |
| Wachovia Securities | 3,200.5 | 3 | 20.2 | 3 |
| Barclays Capital | 2,960.3 | 4 | 18.7 | 3 |
| ABN AMRO Incorporated | 2,322.9 | 5 | 14.7 | 2 |
| HSBC Securities, Inc. | 2,058.0 | 6 | 13.0 | 2 |
| Morgan Stanley & Co. Incorporated | 1,870.3 | 7 | 11.8 | 2 |
| Deutsche Bank Securities, Inc. | 1,830.0 | 8 | 11.5 | 2 |
| RBS Greenwich Capital | 1,684.6 | 9 | 10.6 | 2 |
| Lehman Brothers, Inc. | 1,500.0 | 10 | 9.5 | 1 |
| Industry Total | 15,844.3 | - | 100.0 | 18 |
| Source: Thomson Financial | ||||
-
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%.
10h ago -
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 -
To keep cash flowing to the notes, the deal's senior notes have an interest reserve account covering three months' worth of class A note interest payments and fees.
September 17 -
With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
September 17 -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17








