Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
JPMorgan Securities | 10,405.0 | 1 | 26.8 | 17 |
Banc of America Securities | 9,415.0 | 2 | 24.3 | 16 |
Citigroup Global Markets | 7,500.0 | 3 | 19.3 | 9 |
Morgan Stanley | 5,252.6 | 4 | 13.5 | 6 |
Credit Suisse Securities | 2,842.6 | 5 | 7.3 | 4 |
Deutsche Bank Securities | 2,575.0 | 6 | 6.6 | 8 |
Barclays Capital | 2,350.0 | 7 | 6.1 | 4 |
ABN AMRO | 2,242.6 | 8 | 5.8 | 2 |
RBS Greenwich Capital | 2,075.0 | 9 | 5.3 | 6 |
Wachovia Securities | 2,025.0 | 10 | 5.2 | 4 |
Industry Total | 38,815.3 | - | 100.0 | 58 |
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