| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch | 27,602.0 | 1 | 19.9 | 31 |
| Citigroup Global Markets | 17,752.5 | 2 | 12.8 | 25 |
| JPMorgan Securities | 10,756.0 | 3 | 7.8 | 19 |
| Wachovia Securities | 9,636.8 | 4 | 7.0 | 17 |
| Morgan Stanley | 9,493.8 | 5 | 6.8 | 38 |
| UBS | 8,134.0 | 6 | 5.9 | 14 |
| Barclays Capital | 8,133.7 | 7 | 5.9 | 10 |
| Deutsche Bank Securities | 7,546.6 | 8 | 5.4 | 17 |
| Banc of America Securities | 7,166.7 | 9 | 5.2 | 8 |
| Bear Stearns | 6,767.9 | 10 | 4.9 | 13 |
| Industry Total | 138,704.3 | - | 100.0 | 239 |
| Source: Thomson Financial | ||||
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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 -
Federal Reserve Chair Kevin Warsh acknowledged that his limited guidance might have been a factor in rising market rates, but said whatever increased volatility can be attributed to the changes is more than offset by the benefit of a more nimble central bank.
July 29 -
Notes are expected to pay coupons of 4.05% on the notes rated R-1 (high) (sf) and 4.59% and 4.79% on the A1 and A2 notes, respectively.
July 29 -
The approvals expand BSI's ability to support Ginnie Mae-backed digital mortgage assets across securitization and servicing, the company said.
July 29









