| 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 | 7,149.5 | 1 | 19.8 | 11 |
| Citigroup | 4,165.6 | 2 | 11.5 | 10 |
| Morgan Stanley | 3,964.6 | 3 | 11.0 | 15 |
| UBS | 3,442.6 | 4 | 9.5 | 8 |
| Lehman Brothers | 2,714.2 | 5 | 7.5 | 9 |
| Bear Stearns & Co Inc | 2,530.2 | 6 | 7.0 | 6 |
| Groupe Caisses d'Epargne | 1,742.0 | 7 | 4.8 | 2 |
| Goldman Sachs & Co | 1,500.0 | 8 | 4.2 | 1 |
| Wachovia Corp | 1,241.9 | 9 | 3.4 | 3 |
| Banc of America Securities LLC | 1,058.3 | 10 | 2.9 | 10 |
| Industry Total | 36,181.1 | - | 100.0 | 96 |
| Source: Thomson Financial | ||||
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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 -
Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
June 16








