| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 6,325.4 | 1 | 12.8 | 11 |
| Deutsche Bank AG | 4,798.0 | 2 | 9.7 | 6 |
| Merrill Lynch | 4,533.6 | 3 | 9.2 | 6 |
| Morgan Stanley | 4,342.5 | 4 | 8.8 | 4 |
| Lehman Brothers | 4,253.5 | 5 | 8.6 | 10 |
| Goldman Sachs & Co | 3,646.5 | 6 | 7.4 | 4 |
| Countrywide Securities Corp | 3,142.0 | 7 | 6.4 | 2 |
| Royal Bank of Scotland Group | 3,048.1 | 8 | 6.2 | 5 |
| Barclays Capital | 2,492.2 | 9 | 5.1 | 7 |
| Credit Suisse | 2,365.2 | 10 | 4.8 | 3 |
| Industry Total | 49,294.0 | - | 100.0 | 70 |
| Source: Thomson Financial | ||||
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A cash trap provision calls for half of available funds to be deposited into the cash trap reserve sub-account if the debt service coverage ratio (DSCR) is between 1.35x and 1.275x.
July 8 -
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
July 8 -
The data center is fully leased and is completely occupied by a single hyperscale tenant, which has an AA-' rating, under a long-term lease agreement.
July 8 -
The initial overcollateralization level was 14.50%, an increase from 14.00%. Target overcollateralization, meanwhile, increased to 18.75, compared with 16.50% on the previous deal.
July 7 -
Figure Lending originated the HELOCs using the FICO 9 scoring model, which treats medical debt, rental payments and repaid collection accounts differently.
July 7 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday morning that she is working with other regulators around the world to emphasize innovation in the banking sector, including with artificial intelligence.
July 7






