Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup Global Markets | 35,900.4 | 1 | 15.1 | 50 |
Merrill Lynch | 32,509.3 | 2 | 13.6 | 40 |
Wachovia Securities | 19,435.3 | 3 | 8.2 | 34 |
JPMorgan Securities | 15,666.9 | 4 | 6.6 | 27 |
Banc of America Securities | 14,629.0 | 5 | 6.1 | 19 |
Deutsche Bank Securities | 14,471.0 | 6 | 6.1 | 31 |
Lehman Brothers | 14,343.1 | 7 | 6.0 | 29 |
Morgan Stanley | 13,926.2 | 8 | 5.8 | 70 |
Bear Stearns | 11,721.3 | 9 | 4.9 | 23 |
UBS | 11,547.1 | 10 | 4.8 | 27 |
Industry Total | 238,421.7 | - | 100.0 | 434 |
Source: ASR Scorecard database |
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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