| 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 | 17,076.3 | 1 | 11.2 | 15 |
| Lehman Brothers | 17,027.1 | 2 | 11.2 | 29 |
| RBS Greenwich Capital | 14,949.2 | 3 | 9.8 | 26 |
| Credit Suisse First Boston | 12,240.5 | 4 | 8.1 | 25 |
| Deutsche Bank AG | 11,569.5 | 5 | 7.6 | 32 |
| Morgan Stanley | 11,543.9 | 6 | 7.6 | 22 |
| Citigroup | 11,345.8 | 7 | 7.5 | 31 |
| Bear Stearns & Co Inc | 9,496.3 | 8 | 6.3 | 19 |
| Merrill Lynch & Co Inc | 9,354.5 | 9 | 6.2 | 16 |
| UBS | 7,939.5 | 10 | 5.2 | 15 |
| Industry Total | 151,949.9 | - | 100.0 | 270 |
| 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.
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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







