| 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 | 37,313.8 | 1 | 15.3 | 37 |
| Royal Bank of Scotland Group | 27,901.4 | 2 | 11.4 | 52 |
| Lehman Brothers | 22,922.0 | 3 | 9.4 | 52 |
| Credit Suisse First Boston | 18,429.4 | 4 | 7.6 | 38 |
| Bear Stearns & Co Inc | 18,014.3 | 5 | 7.4 | 39 |
| Morgan Stanley | 18,011.3 | 6 | 7.4 | 40 |
| Citigroup | 15,062.4 | 7 | 6.2 | 45 |
| Deutsche Bank AG | 14,827.9 | 8 | 6.1 | 42 |
| Merrill Lynch & Co Inc | 13,430.7 | 9 | 5.5 | 27 |
| Banc of America Securities LLC | 13,270.3 | 10 | 5.4 | 40 |
| Industry Total | 244,227.9 | - | 100.0 | 435 |
| Source: Thomson Financial | ||||
-
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








