| 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 | 3,400.0 | 1 | 31.898 | 2 |
| JPMorgan Securities | 2,396.0 | 2 | 22.478 | 2 |
| Banc of America Securities | 2,100.0 | 3 | 19.701 | 3 |
| Deutsche Bank Securities | 896.0 | 4 | 8.406 | 1 |
| Credit Suisse | 896.0 | 4 | 8.406 | 1 |
| Wachovia Securities | 501.0 | 6 | 4.7 | 1 |
| Barclays Capital | 450.0 | 7 | 4.222 | 1 |
| Industry Total | 10,659.1 | - | 100.0 | 8 |
| Source: ASR Scorecard database | ||||
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First-loss risk prompts Ellington's migration to the mezzanine level, although some secondary-market equity gets thumbs up.
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The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
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The pool includes called collateral and smaller concentrations of loans originated in higher credit tiers, resulting in some underlying asset weakness compared with a previous deal.
July 9








