| 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 | 24,327.9 | 1 | 12.0 | 24 |
| Lehman Brothers | 21,884.6 | 2 | 10.8 | 49 |
| Royal Bank of Scotland Group | 21,140.1 | 3 | 10.4 | 41 |
| Credit Suisse First Boston | 16,735.6 | 4 | 8.3 | 32 |
| Morgan Stanley | 16,564.9 | 5 | 8.2 | 37 |
| Bear Stearns & Co Inc | 14,241.1 | 6 | 7.0 | 31 |
| Deutsche Bank AG | 13,806.0 | 7 | 6.8 | 40 |
| Citigroup | 13,294.8 | 8 | 6.6 | 39 |
| Merrill Lynch & Co Inc | 12,616.4 | 9 | 6.2 | 23 |
| Banc of America Securities LLC | 11,669.2 | 10 | 5.8 | 36 |
| Industry Total | 202,532.8 | - | 100.0 | 369 |
| Source: Thomson Financial | ||||
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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%.
10h ago -
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.
11h ago -
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 -
Given current rates are higher than the MBA and Fannie Mae forecasts, the industry could see further downside risk to the housing outlooks in October.
September 21








