| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Lehman Brothers | 20,711.3 | 1 | 16.3 | 46 |
| Countrywide Securities Corp | 11,796.6 | 2 | 9.3 | 18 |
| Citigroup | 10,636.9 | 3 | 8.4 | 29 |
| JP Morgan | 10,520.0 | 4 | 8.3 | 14 |
| Royal Bank of Scotland Group | 8,757.4 | 5 | 6.9 | 22 |
| Deutsche Bank AG | 8,629.1 | 6 | 6.8 | 19 |
| Credit Suisse First Boston | 8,320.7 | 7 | 6.6 | 21 |
| Banc of America Securities LLC | 8,261.7 | 8 | 6.5 | 23 |
| Morgan Stanley | 7,928.2 | 9 | 6.3 | 20 |
| UBS Warburg | 7,091.1 | 10 | 5.6 | 13 |
| Industry Total | 126,904.1 | - | 100.0 | 222 |
| Source: Thomson Financial | ||||
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Bank statement underwriting, often applied in situations where the borrower is self-employed, accounted for the plurality of documentation types in the pool, at 44.9%.
April 27 -
The deal saw notable changes from SCLP 2021-1, especially an increase in target and initial overcollateralization.
April 27 -
Fintech firm IntraFi's most recent quarterly survey of bank executives showed rising pessimism among bankers related to "instability in Washington," as well as growing concerns about technology-enabled fraud.
April 27 -
Tower Point Capital, the deal's manager, is considered to have one of the largest privately held wireless infrastructure portfolios in the U.S.
April 24 -
Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
April 24 -
A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.
April 24









