Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Bear Stearns & Co Inc | 18,933.6 | 1 | 10.6 | 27 |
Countrywide Securities Corp | 18,051.7 | 2 | 10.1 | 18 |
Lehman Brothers | 16,792.3 | 3 | 9.4 | 38 |
Morgan Stanley | 16,762.0 | 4 | 9.4 | 18 |
Royal Bank of Scotland Group | 16,619.6 | 5 | 9.3 | 25 |
Deutsche Bank AG | 15,602.4 | 6 | 8.7 | 30 |
Credit Suisse First Boston | 14,234.2 | 7 | 8.0 | 31 |
Merrill Lynch & Co Inc | 9,844.1 | 8 | 5.5 | 11 |
Banc of America Securities LLC | 8,671.1 | 9 | 4.9 | 19 |
Goldman Sachs & Co | 7,070.5 | 10 | 4.0 | 12 |
Industry Total | 178,654.7 | - | 100.0 | 279 |
Source: Thomson Financial |
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Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
April 24 -
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
April 24 -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
April 24 -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
April 23 -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
April 23 -
Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.
April 23