Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Countrywide Securities Corp | 16,054.2 | 1 | 11.5 | 13 |
Lehman Brothers | 14,377.1 | 2 | 10.3 | 26 |
RBS Greenwich Capital | 14,374.6 | 3 | 10.3 | 24 |
Credit Suisse First Boston | 11,912.0 | 4 | 8.5 | 24 |
Citigroup | 11,018.3 | 5 | 7.9 | 29 |
Morgan Stanley | 10,900.7 | 6 | 7.8 | 20 |
Deutsche Bank AG | 10,854.8 | 7 | 7.8 | 30 |
Merrill Lynch & Co Inc | 8,829.0 | 8 | 6.3 | 14 |
Barclays Capital | 7,752.9 | 9 | 5.5 | 8 |
Banc of America Securities LLC | 7,475.2 | 10 | 5.4 | 23 |
Industry Total | 139,835.7 | - | 100.0 | 237 |
Source: Thomson Financial |
-
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
There are two series, 2024-1 and 2024-2, that have revolving periods—three for the 2024-1 and five for the 2024-2—during which noteholders will not receive any principal.
March 28 -
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
March 27 -
Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27