| 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 | 13,730.0 | 1 | 19.3 | 30 |
| Morgan Stanley | 6,696.4 | 2 | 9.4 | 19 |
| Citigroup | 5,913.9 | 3 | 8.3 | 22 |
| UBS | 5,589.1 | 4 | 7.9 | 10 |
| Credit Suisse First Boston | 5,568.8 | 5 | 7.8 | 14 |
| Wachovia Corp | 4,739.4 | 6 | 6.7 | 18 |
| Deutsche Bank AG | 4,429.6 | 7 | 6.2 | 11 |
| Goldman Sachs & Co | 4,297.5 | 8 | 6.0 | 8 |
| JP Morgan | 4,204.6 | 9 | 5.9 | 11 |
| Bear Stearns & Co Inc | 3,488.8 | 10 | 4.9 | 14 |
| Industry Total | 71,225.4 | - | 100.0 | 196 |
| Source: Thomson Financial | ||||
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The deal's obligor concentrations—its top and top five obligors account for 9.45% and 37.95% of the pool—are reigned in by WEF's focus on mission-critical essential use equipment.
September 21 -
The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
September 21 -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
September 21 -
Given current rates are higher than the MBA and Fannie Mae forecasts, the industry could see further downside risk to the housing outlooks in October.
September 21 -
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%.
September 18 -
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








