| 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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The deal will raise about $175 million in securitized bonds, backed by a pool of residential investors loans (42.1%) and traditional small-balance commercial (SBC) mortgages.
6h ago -
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
10h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
11h ago -
The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
August 10 -
Despite the variety of loans in the pool, the vast majority of assets are considered qualified mortgages, with only 10.9% considered non-QM.
August 10 -
The July jobs report was bad, but the context is worse: people leaving the labor force, stubborn inflation and rising bond yields.
August 10









