| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Lehman Brothers | 22,668.0 | 1 | 14.4 | 55 |
| Countrywide Securities Corp | 14,158.2 | 2 | 9.0 | 24 |
| Royal Bank of Scotland Group | 13,292.6 | 3 | 8.5 | 30 |
| Citigroup | 12,977.4 | 4 | 8.3 | 33 |
| Morgan Stanley | 12,447.8 | 5 | 7.9 | 28 |
| Banc of America Securities LLC | 11,067.2 | 6 | 7.1 | 30 |
| JP Morgan | 10,978.0 | 7 | 7.0 | 16 |
| Credit Suisse First Boston | 10,602.1 | 8 | 6.8 | 26 |
| Deutsche Bank AG | 10,549.9 | 9 | 6.7 | 26 |
| UBS | 7,666.6 | 10 | 4.9 | 19 |
| Industry Total | 157,053.2 | - | 100.0 | 297 |
| 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.
1h ago -
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
6h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
7h 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









