| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 1,000.0 | 1 | 54.1 | 1 |
| Credit Suisse First Boston | 350.0 | 2 | 18.9 | 1 |
| Morgan Stanley | 250.0 | 3* | 13.5 | 1 |
| ABN AMRO | 250.0 | 3* | 13.5 | 1 |
| Industry Total | 1,850.0 | - | 100.0 | 3 |
| Source: Thomson Financial | ||||
Most of the waterfall will repay fees and interest, and any deficit or default amounts, until an early amortization event occurs.
Industry professionals generally agree that geopolitical risks could impact credit quality, but their true impact remains unclear.
Lenders are still frequent targets of the class action complaints over unwanted mortgage solicitations, violations that have netted litigants big paydays.
Raising $508.6 million, and being the first to cross the half-trillion dollar mark, the Point 2026-2 series also drove down funding costs by more than 220 basis points.
The central bank failed to prevent critical economic information from falling into the hands of "foreign adversaries," according to a report from its inspector general.
The private asset-backed finance capital from Oaktree is complimentary to Temple View's public ABS program.
