| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 1,708.0 | 1 | 34.0 | 3 |
| Credit Suisse First Boston | 1,058.0 | 2 | 21.1 | 3 |
| HSBC Holdings PLC | 708.0 | 3 | 14.1 | 2 |
| Banc of America Securities LLC | 632.0 | 4 | 12.6 | 2 |
| Wachovia Corp | 420.0 | 5 | 8.4 | 1 |
| Morgan Stanley | 250.0 | 6* | 5.0 | 1 |
| ABN AMRO | 250.0 | 6* | 5.0 | 1 |
| Industry Total | 5,026.0 | - | 100.0 | 7 |
| Source: Thomson Financial | ||||
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Almost all five A1 tranches benefit from credit enhancement levels of 26.10%. The A1A tranche, however, has a credit enhancement level of 36.10%.
9h ago -
The Federal Reserve's vice chair outlined the ongoing modernization efforts for the central bank's lending facility of last resort, including coordination with the Federal Home Loan Banks.
10h ago -
The deal's obligor concentrations—its top and top five obligors account for 9.45% and 37.95% of the pool—are reigned in by WEF's focus on mission-critical essential use equipment.
September 21 -
The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
September 21 -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
September 21 -
Given current rates are higher than the MBA and Fannie Mae forecasts, the industry could see further downside risk to the housing outlooks in October.
September 21








