| 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 | 15.6 | 8 |
| UBS | 3,917.0 | 2 | 13.9 | 6 |
| Wachovia Corp | 3,117.4 | 3 | 11.1 | 13 |
| Deutsche Bank AG | 2,255.2 | 4 | 8.0 | 6 |
| Citigroup | 1,840.5 | 5 | 6.5 | 9 |
| Credit Suisse First Boston | 1,772.4 | 6 | 6.3 | 4 |
| Bear Stearns & Co Inc | 1,549.8 | 7 | 5.5 | 5 |
| Banc of America Securities LLC | 1,391.9 | 8 | 4.9 | 9 |
| Morgan Stanley | 1,164.6 | 9 | 4.1 | 4 |
| Royal Bank of Scotland Group | 1,005.8 | 10 | 3.6 | 3 |
| Industry Total | 28,151.5 | - | 100.0 | 79 |
| Source: Thomson Financial | ||||
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The A1A through A1-LCF tranches are expected to offer coupons of 5.84%, while mezzanine and subordinate coupons include 6.58% and 6.64%.
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The decline in non-owner occupied acquisitions came as sales fell overall due to high mortgage rates and bad winter weather in the Northeast, BatchData said.
June 17 -
All the loans are interest-only during both their initial and extension terms, but third-party secured overnight financing rate (SOFR) cap agreements provide interest rate protection.
June 17 -
The investment will be sourced primarily from KKR's infrastructure and asset-based finance strategies.
June 17 -
The new Fed chair takes his seat for the first time but may find it was easier to be an outside critic than inside leader.
June 17 -
Navient will follow a sequential repayment structure, and no subordinate classes will receive any principal until the most senior outstanding class is paid in full.
June 16








