| 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 | 36,039.4 | 1 | 14.5 | 37 |
| RBS Greenwich Capital | 29,078.3 | 2 | 11.7 | 55 |
| Lehman Brothers | 25,447.5 | 3 | 10.2 | 54 |
| Credit Suisse First Boston | 19,254.4 | 4 | 7.7 | 39 |
| Morgan Stanley | 18,741.3 | 5 | 7.5 | 41 |
| Bear Stearns & Co Inc | 18,078.9 | 6 | 7.3 | 39 |
| Citigroup | 15,476.5 | 7 | 6.2 | 46 |
| Deutsche Bank AG | 14,827.9 | 8 | 6.0 | 42 |
| Merrill Lynch & Co Inc | 13,430.7 | 9 | 5.4 | 27 |
| Banc of America Securities LLC | 13,270.3 | 10 | 5.3 | 40 |
| Industry Total | 249,330.6 | - | 100.0 | 441 |
| 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%.
9h 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.
10h 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








