| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Countrywide Securities | 22,769.0 | 1 | 13.8 | 22 |
| RBS Greenwich Capital | 21,197.3 | 2 | 12.9 | 26 |
| Merrill Lynch | 19,376.6 | 3 | 11.8 | 19 |
| Morgan Stanley | 15,607.5 | 4 | 9.5 | 16 |
| Lehman Brothers | 15,601.2 | 5 | 9.5 | 19 |
| Banc of America Securities | 15,106.0 | 6 | 9.2 | 21 |
| Citigroup Global Markets | 14,225.5 | 7 | 8.6 | 17 |
| Bear Stearns | 13,105.5 | 8 | 8.0 | 21 |
| Deutsche Bank Securities | 10,264.8 | 9 | 6.2 | 13 |
| JPMorgan Securities | 9,093.3 | 10 | 5.5 | 10 |
| Industry Total | 164,821.7 | - | 100.0 | 205 |
| Source: Thomson Financial | ||||
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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 -
A dividend cut is what some feel likely to be next for UWM, in order to reduce leverage levels which are well above competitors Rocket and Pennymac
July 6 -
Recent signals indicate this could be on the horizon and potentially add new value to a Fannie Mae/Freddie Mac stock offering, a Seeking Alpha analyst wrote.
July 6 -
Analysts at KBRA estimate a base case loss of 4.8%, down from the estimated loss of 5.6% on the 2025-1 series.
July 6








