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 | 22,416.3 | 1 | 10.3 | 37 |
Lehman Brothers | 20,672.3 | 2 | 9.5 | 51 |
Morgan Stanley | 20,231.6 | 3 | 9.3 | 24 |
Countrywide Securities Corp | 18,767.1 | 4 | 8.7 | 23 |
Royal Bank of Scotland Group | 18,616.8 | 5 | 8.6 | 29 |
Credit Suisse First Boston | 17,971.9 | 6 | 8.3 | 42 |
Deutsche Bank AG | 16,796.8 | 7 | 7.8 | 33 |
Banc of America Securities LLC | 11,998.7 | 8 | 5.5 | 25 |
Merrill Lynch & Co Inc | 10,937.9 | 9 | 5.0 | 14 |
Citigroup | 10,317.1 | 10 | 4.8 | 22 |
Industry Total | 216,807.2 | - | 100.0 | 391 |
Source: Thomson Financial |
-
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
11h ago - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Aside from the cash flow stabilization, another credit positive to the deal, TAH Operations is property manager to the portfolio, and has strong processes and controls.
March 27 -
Four tranches of class A notes make up the capital structure, and they all benefit from 3.00% in total initial hard credit enhancement.
March 26 -
Seven of the loans, 27.7% of the pool balance, are secured by multiple properties or have a component of cross-collateralization, benefitting from greater cash flow stability.
March 26