| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch | 15,571.9 | 1 | 20.9 | 17 |
| Citigroup | 14,010.8 | 2 | 18.8 | 16 |
| UBS | 6,873.0 | 3 | 9.2 | 10 |
| Barclays Capital | 6,103.0 | 4 | 8.2 | 4 |
| Banc of America Securities LLC | 4,886.4 | 5 | 6.6 | 4 |
| Morgan Stanley | 4,807.4 | 6 | 6.4 | 16 |
| Deutsche Bank AG | 4,567.3 | 7 | 6.1 | 7 |
| JP Morgan | 4,291.6 | 8 | 5.8 | 9 |
| Bear Stearns & Co Inc | 3,497.6 | 9 | 4.7 | 7 |
| Wachovia Corp | 2,872.9 | 10 | 3.9 | 6 |
| Industry Total | 74,641.8 | - | 100.0 | 110 |
| Source: Thomson Financial | ||||
-
A cash trap provision calls for half of available funds to be deposited into the cash trap reserve sub-account if the debt service coverage ratio (DSCR) is between 1.35x and 1.275x.
7h ago -
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
July 8 -
The data center is fully leased and is completely occupied by a single hyperscale tenant, which has an AA-' rating, under a long-term lease agreement.
July 8 -
The initial overcollateralization level was 14.50%, an increase from 14.00%. Target overcollateralization, meanwhile, increased to 18.75, compared with 16.50% on the previous deal.
July 7 -
Figure Lending originated the HELOCs using the FICO 9 scoring model, which treats medical debt, rental payments and repaid collection accounts differently.
July 7 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday morning that she is working with other regulators around the world to emphasize innovation in the banking sector, including with artificial intelligence.
July 7






