| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Lehman Brothers | 44,451.1 | 1 | 11.0 | 98 |
| Countrywide Securities Corp | 35,223.3 | 2 | 8.7 | 54 |
| Royal Bank of Scotland Group | 34,777.1 | 3 | 8.6 | 80 |
| Morgan Stanley | 29,712.1 | 4 | 7.4 | 30 |
| Credit Suisse | 28,418.0 | 5 | 7.0 | 76 |
| Deutsche Bank AG | 27,807.1 | 6 | 6.9 | 60 |
| Bear Stearns & Co Inc | 25,617.4 | 7 | 6.4 | 74 |
| Citigroup | 23,271.4 | 8 | 5.8 | 61 |
| JP Morgan | 23,016.2 | 9 | 5.7 | 52 |
| Merrill Lynch & Co Inc | 21,276.7 | 10 | 5.3 | 37 |
| Industry Total | 403,349.8 | - | 100.0 | 764 |
| Source: Thomson Financial | ||||
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In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
July 31 -
Structured as a master trust deal, AVCCT 2026-1 includes a three-year revolving period, when no principal payments will be made on the series 2026-1—unless an early amortization event happens.
July 31 -
Fannie Mae and Freddie Mac are under directives to make mortgage-backed securities purchases that can exert downward pressure on rates or limit increases.
July 31 -
The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.
July 30 -
Some market participants are taking a 'hawkish hold' FOMC reading coming out of the July meeting, even as they adapt to a quieter intermeeting chairman.
July 30 -
Positive changes in credit provisions contributed to a multiyear high in net income as the GSE and its rival fought to purchase lenders' single-family loans.
July 30









