| 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 | 18.4 | 31 |
| Citigroup Global Markets | 20,468.0 | 2 | 13.7 | 28 |
| Morgan Stanley | 14,652.6 | 3 | 9.8 | 47 |
| JPMorgan Securities | 11,588.9 | 4 | 7.7 | 20 |
| Wachovia Securities | 9,636.8 | 5 | 6.4 | 17 |
| UBS | 8,342.0 | 6 | 5.6 | 15 |
| Barclays Capital | 8,133.7 | 7 | 5.4 | 10 |
| Deutsche Bank Securities | 7,846.6 | 8 | 5.2 | 17 |
| Banc of America Securities | 7,166.7 | 9 | 4.8 | 8 |
| Bear Stearns | 6,767.9 | 10 | 4.5 | 13 |
| Industry Total | 149,725.2 | - | 100.0 | 257 |
| Source: Thomson Financial | ||||
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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 -
A dividend cut is what some feel likely to be next for UWM, in order to reduce leverage levels which are well above competitors Rocket and Pennymac
July 6 -
Recent signals indicate this could be on the horizon and potentially add new value to a Fannie Mae/Freddie Mac stock offering, a Seeking Alpha analyst wrote.
July 6 -
Analysts at KBRA estimate a base case loss of 4.8%, down from the estimated loss of 5.6% on the 2025-1 series.
July 6








