| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 5,169.8 | 1 | 38.5 | 6 |
| Banc of America Securities LLC | 4,312.4 | 2 | 32.1 | 6 |
| Deutsche Bank AG | 1,191.3 | 3 | 8.9 | 7 |
| Wachovia Corp | 962.5 | 4 | 7.2 | 3 |
| HSBC Holdings PLC | 500.0 | 5* | 3.7 | 1 |
| Citigroup | 500.0 | 5* | 3.7 | 1 |
| Morgan Stanley | 350.0 | 7 | 2.6 | 1 |
| Lehman Brothers | 266.3 | 8 | 2.0 | 3 |
| Royal Bank of Scotland Group | 87.5 | 9* | 0.7 | 1 |
| Credit Suisse | 87.5 | 9* | 0.7 | 1 |
| Industry Total | 13,427.2 | - | 100.0 | 24 |
| Source: Thomson Financial | ||||
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In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
1h ago -
Structured as a master trust deal, AVCCT 2026-1 includes a three-year revolving period, when no principal payments will be made on the series 2026-1—unless an early amortization event happens.
2h ago -
Fannie Mae and Freddie Mac are under directives to make mortgage-backed securities purchases that can exert downward pressure on rates or limit increases.
6h ago -
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









