Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 8,536.2 | 2 | 14.1 | 18 |
Lehman Brothers | 4,315.7 | 3 | 7.1 | 14 |
Morgan Stanley | 4,049.6 | 4 | 6.7 | 17 |
UBS | 3,673.9 | 5 | 6.1 | 9 |
Wachovia Corp | 3,359.3 | 6 | 5.6 | 8 |
Goldman Sachs & Co | 3,107.0 | 7 | 5.1 | 4 |
Bear Stearns & Co Inc | 2,915.2 | 8 | 4.8 | 7 |
Groupe Caisses d'Epargne | 2,442.0 | 9 | 4.0 | 3 |
Credit Suisse First Boston | 2,239.0 | 10 | 3.7 | 5 |
Industry Total | 60,410.5 | - | 100.0 | 147 |
Source: Thomson Financial |
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Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
April 24 -
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
April 24 -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
April 24 -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
April 23 -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
April 23 -
Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.
April 23