| 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 | 5,840.3 | 1 | 24.0 | 8 |
| Morgan Stanley | 3,064.6 | 2 | 12.6 | 12 |
| Citigroup | 2,965.7 | 3 | 12.2 | 7 |
| UBS | 2,632.6 | 4 | 10.8 | 6 |
| Bear Stearns & Co Inc | 2,271.2 | 5 | 9.3 | 5 |
| Lehman Brothers | 2,034.2 | 6 | 8.4 | 7 |
| Groupe Caisses d'Epargne | 1,742.0 | 7 | 7.2 | 2 |
| Credit Suisse First Boston | 889.0 | 8 | 3.7 | 3 |
| Royal Bank of Scotland Group | 866.1 | 9 | 3.6 | 2 |
| JP Morgan | 685.0 | 10 | 2.8 | 1 |
| Industry Total | 24,315.5 | - | 100.0 | 59 |
| Source: Thomson Financial | ||||
-
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.
10h ago -
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.
11h ago -
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








