| 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 | 18,051.7 | 2 | 11.4 | 18 |
| Morgan Stanley | 15,552.7 | 3 | 9.8 | 17 |
| Lehman Brothers | 14,916.3 | 4 | 9.4 | 36 |
| Royal Bank of Scotland Group | 14,162.0 | 5 | 8.9 | 23 |
| Deutsche Bank AG | 12,991.2 | 6 | 8.2 | 25 |
| Credit Suisse First Boston | 12,760.9 | 7 | 8.0 | 30 |
| Merrill Lynch & Co Inc | 8,743.8 | 8 | 5.5 | 10 |
| Goldman Sachs & Co | 7,070.5 | 9 | 4.5 | 12 |
| Citigroup | 6,372.2 | 10 | 4.0 | 16 |
| Industry Total | 159,019.4 | - | 100.0 | 237 |
| Source: Thomson Financial | ||||
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February's securitization from Vertical Bridge was the sector's largest-ever deal and included the sector's first single-B rated tranche.
37m ago -
Unlike some of FIGRE Trust's previous securitizations, there is no performance trigger related to the net weighted average coupon rate.
April 22 -
Credit risk transfers, a means by which banks can move risk off their balance sheets, earned considerable bipartisan support in a House Financial Services subcommittee hearing Wednesday.
April 22 -
Loans were underwritten to Fannie and Freddie guidelines, or to Ginnie Mae standards that apply to securities backed by jumbo loans ineligible for GSE pools because of their loan size.
April 22 -
Any additional securities that the transaction issues will rank equally with the class that has the same class designation.
April 21 -
The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
April 21








