| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 8,843.2 | 1 | 27.8 | 13 |
| BANK ONE Corp | 5,351.9 | 2 | 16.8 | 9 |
| JP Morgan | 4,479.3 | 3 | 14.1 | 9 |
| Morgan Stanley | 3,579.5 | 4 | 11.2 | 4 |
| Barclays Capital | 2,834.7 | 5 | 8.9 | 6 |
| Banc of America Securities LLC | 2,212.3 | 6 | 6.9 | 7 |
| Deutsche Bank AG | 1,707.6 | 7 | 5.4 | 5 |
| Credit Suisse First Boston | 969.3 | 8 | 3.0 | 3 |
| Lehman Brothers | 748.8 | 9 | 2.4 | 3 |
| Wachovia Corp | 673.0 | 10 | 2.1 | 3 |
| Industry Total | 31,862.0 | - | 100.0 | 51 |
| Source: Thomson Financial | ||||
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The deal will raise about $175 million in securitized bonds, backed by a pool of residential investors loans (42.1%) and traditional small-balance commercial (SBC) mortgages.
5h ago -
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
9h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
10h ago -
The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
August 10 -
Despite the variety of loans in the pool, the vast majority of assets are considered qualified mortgages, with only 10.9% considered non-QM.
August 10 -
The July jobs report was bad, but the context is worse: people leaving the labor force, stubborn inflation and rising bond yields.
August 10









