| 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 | 8,615.4 | 1 | 19.6 | 13 |
| Citigroup | 6,047.7 | 2 | 13.7 | 15 |
| Morgan Stanley | 3,984.6 | 3 | 9.1 | 16 |
| UBS | 3,442.6 | 4 | 7.8 | 8 |
| Lehman Brothers | 3,418.9 | 5 | 7.8 | 11 |
| Bear Stearns & Co Inc | 2,530.2 | 6 | 5.8 | 6 |
| Goldman Sachs & Co | 2,007.0 | 7 | 4.6 | 2 |
| Groupe Caisses d'Epargne | 1,742.0 | 8 | 4.0 | 2 |
| Credit Suisse First Boston | 1,589.0 | 9 | 3.6 | 4 |
| Banc of America Securities LLC | 1,488.1 | 10 | 3.4 | 11 |
| Industry Total | 44,006.8 | - | 100.0 | 116 |
| 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.
2h 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.
3h ago -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
5h ago -
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.
11h ago -
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








