| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Lehman Brothers | 12,682.9 | 1 | 13.4 | 31 |
| Countrywide Securities Corp | 10,458.9 | 2 | 11.1 | 15 |
| Citigroup | 8,633.4 | 3 | 9.2 | 24 |
| JP Morgan | 8,218.7 | 4 | 8.7 | 11 |
| Royal Bank of Scotland Group | 7,776.8 | 5 | 8.2 | 19 |
| Deutsche Bank AG | 7,136.2 | 6 | 7.6 | 15 |
| Banc of America Securities LLC | 6,721.3 | 7 | 7.1 | 19 |
| Morgan Stanley | 5,932.3 | 8 | 6.3 | 17 |
| Bear Stearns & Co Inc | 5,165.4 | 9 | 5.5 | 13 |
| Credit Suisse First Boston | 4,915.3 | 10 | 5.2 | 14 |
| UBS Warburg | 4,861.1 | 11 | 5.2 | 10 |
| Merrill Lynch & Co Inc | 2,569.4 | 12 | 2.7 | 4 |
| BANK ONE Corp | 2,400.3 | 13 | 2.5 | 4 |
| Wachovia Corp | 2,384.6 | 14 | 2.5 | 5 |
| Goldman Sachs & Co | 1,266.9 | 15 | 1.3 | 4 |
| General Motors Corp | 1,069.1 | 16 | 1.1 | 3 |
| Barclays Capital | 765.5 | 17 | 0.8 | 1 |
| Industry Total | 94,332.7 | - | 100.0 | 171 |
| Source: Thomson Financial | ||||
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At the end of the draw term, HELOC borrowers have a repayment period ranging from 10 to 30 years, and customers cannot draw on the HELOCs during the repayment period.
8h ago -
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%.
September 22 -
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.
September 22 -
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







