| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 3,958.0 | 1 | 30.8 | 6 |
| Morgan Stanley | 2,249.7 | 2 | 17.5 | 3 |
| Banc of America Securities LLC | 2,190.7 | 3 | 17.0 | 4 |
| Merrill Lynch & Co Inc | 1,728.7 | 4 | 13.4 | 2 |
| Credit Suisse First Boston | 1,058.0 | 5 | 8.2 | 3 |
| JP Morgan | 728.7 | 6 | 5.7 | 1 |
| HSBC Holdings PLC | 708.0 | 7 | 5.5 | 2 |
| ABN AMRO | 250.0 | 8 | 1.9 | 1 |
| Industry Total | 12,871.7 | - | 100.0 | 11 |
| Source: Thomson Financial | ||||
-
The decline in non-owner occupied acquisitions came as sales fell overall due to high mortgage rates and bad winter weather in the Northeast, BatchData said.
June 17 -
All the loans are interest-only during both their initial and extension terms, but third-party secured overnight financing rate (SOFR) cap agreements provide interest rate protection.
June 17 -
The investment will be sourced primarily from KKR's infrastructure and asset-based finance strategies.
June 17 -
The new Fed chair takes his seat for the first time but may find it was easier to be an outside critic than inside leader.
June 17 -
Navient will follow a sequential repayment structure, and no subordinate classes will receive any principal until the most senior outstanding class is paid in full.
June 16 -
Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
June 16








