| 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 | 35,427.1 | 1 | 13.4 | 50 |
| Citigroup | 29,656.9 | 2 | 11.2 | 52 |
| Deutsche Bank AG | 24,881.0 | 3 | 9.4 | 51 |
| UBS | 22,068.1 | 4 | 8.4 | 57 |
| Credit Suisse | 18,207.8 | 5 | 6.9 | 27 |
| Banc of America Securities LLC | 16,565.1 | 6 | 6.3 | 35 |
| Wachovia Corp | 16,268.4 | 7 | 6.2 | 39 |
| Bear Stearns & Co Inc | 14,487.7 | 8 | 5.5 | 29 |
| Morgan Stanley | 13,961.5 | 9 | 5.3 | 57 |
| JP Morgan | 12,849.1 | 10 | 4.9 | 33 |
| Industry Total | 263,848.4 | - | 100.0 | 526 |
| Source: Thomson Financial | ||||
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In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
July 31 -
Structured as a master trust deal, AVCCT 2026-1 includes a three-year revolving period, when no principal payments will be made on the series 2026-1—unless an early amortization event happens.
July 31 -
Fannie Mae and Freddie Mac are under directives to make mortgage-backed securities purchases that can exert downward pressure on rates or limit increases.
July 31 -
The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.
July 30 -
Some market participants are taking a 'hawkish hold' FOMC reading coming out of the July meeting, even as they adapt to a quieter intermeeting chairman.
July 30 -
Positive changes in credit provisions contributed to a multiyear high in net income as the GSE and its rival fought to purchase lenders' single-family loans.
July 30









