| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Lehman Brothers | 36,779.5 | 1 | 10.2 | 85 |
| Countrywide Securities Corp | 31,733.9 | 2 | 8.8 | 50 |
| Royal Bank of Scotland Group | 31,220.0 | 3 | 8.7 | 76 |
| Credit Suisse | 27,916.1 | 4 | 7.8 | 74 |
| Morgan Stanley | 27,249.1 | 5 | 7.6 | 28 |
| Deutsche Bank AG | 25,876.4 | 6 | 7.2 | 55 |
| Bear Stearns & Co Inc | 23,012.5 | 7 | 6.4 | 70 |
| Merrill Lynch & Co Inc | 21,122.1 | 8 | 5.9 | 36 |
| Citigroup | 19,526.3 | 9 | 5.4 | 52 |
| Goldman Sachs & Co | 19,441.5 | 10 | 5.4 | 42 |
| Industry Total | 359,710.1 | - | 100.0 | 695 |
| Source: Thomson Financial | ||||
-
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 -
Federal Reserve Vice Chair for Supervision Michelle Bowman Friday highlighted a pair of new provisions to the final stress test framework that arose from public commentary submitted to the agency last year.
September 18 -
To keep cash flowing to the notes, the deal's senior notes have an interest reserve account covering three months' worth of class A note interest payments and fees.
September 17 -
With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
September 17 -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17








