| 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 | 41,786.3 | 1 | 14.4 | 41 |
| Royal Bank of Scotland Group | 32,501.8 | 2 | 11.2 | 63 |
| Lehman Brothers | 30,432.2 | 3 | 10.5 | 63 |
| Credit Suisse First Boston | 25,398.7 | 4 | 8.7 | 48 |
| Morgan Stanley | 25,240.5 | 5 | 8.7 | 50 |
| Bear Stearns & Co Inc | 20,130.0 | 6 | 6.9 | 42 |
| Deutsche Bank AG | 16,424.0 | 7 | 5.6 | 48 |
| Citigroup | 15,641.4 | 8 | 5.4 | 47 |
| Banc of America Securities LLC | 14,193.5 | 9 | 4.9 | 43 |
| Merrill Lynch & Co Inc | 13,479.1 | 10 | 4.6 | 28 |
| Industry Total | 291,044.5 | - | 100.0 | 552 |
| 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%.
8h 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 -
GDLP 2026-2 also has lower levels of initial credit enhancement compared to GDLP 2026-1, at 6.12% versus 5.74%; overcollateralization at 23.90% versus 24.92% and total gross excess spread of 5.55% versus 5.98%.
September 18








