| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch & Co Inc | 4,395.8 | 1 | 17.0 | 8 |
| UBS | 3,517.0 | 2 | 13.6 | 5 |
| Wachovia Corp | 2,882.6 | 3 | 11.2 | 11 |
| Deutsche Bank AG | 1,968.7 | 4 | 7.6 | 5 |
| Credit Suisse First Boston | 1,772.4 | 5 | 6.9 | 4 |
| Bear Stearns & Co Inc | 1,549.8 | 6 | 6.0 | 5 |
| Citigroup | 1,457.7 | 7 | 5.6 | 8 |
| Banc of America Securities LLC | 1,215.9 | 8 | 4.7 | 7 |
| Royal Bank of Scotland Group | 1,005.8 | 9 | 3.9 | 3 |
| BNP Paribas SA | 919.5 | 10 | 3.6 | 1 |
| Industry Total | 25,844.8 | - | 100.0 | 70 |
| Source: Thomson Financial | ||||
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Tower Point Capital, the deal's manager, is considered to have one of the largest privately held wireless infrastructure portfolios in the U.S.
April 24 -
Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
April 24 -
A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.
April 24 -
Non-qualified loans are the majority of loans in the pool, 59.2%, while loans exempt from the Ability-to-Repay/Qualified Mortgage rule, represent 35.9%.
April 23 -
The 30-year fixed is still over 20 basis points higher than its February bottom, but fell 7 basis points this past week on Iran peace hopes, Freddie Mac said.
April 23 -
February's securitization from Vertical Bridge was the sector's largest-ever deal and included the sector's first single-B rated tranche.
April 23









