| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Countrywide Securities | 22,508.65 | 1 | 12.107 | 23 |
| Merrill Lynch | 19,188.39 | 2 | 10.321 | 20 |
| RBS Greenwich Capital | 16,175.71 | 3 | 8.701 | 29 |
| Lehman Brothers | 14,978.04 | 4 | 8.056 | 23 |
| Morgan Stanley | 14,738.76 | 5 | 7.928 | 17 |
| Citigroup Global Markets | 14,599.53 | 6 | 7.853 | 19 |
| Bear Stearns | 11,850.64 | 7 | 6.374 | 21 |
| JPMorgan Securities | 11,198.67 | 8 | 6.024 | 14 |
| Barclays Capital | 10,312.58 | 9 | 5.547 | 12 |
| Banc of America Securities | 8,140.2 | 10 | 4.379 | 22 |
| Industry Total | 185,912.9 | - | 100.0 | 229 |
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Approximately 54% of homeowners looked to a second lien product to access their home's stored value in the first quarter due to the "lock-in effect."
June 8 -
The Federal Reserve governor warned in a speech Saturday that lower capital requirements and lighter supervision could create a credit 'sugar high' that could spur excessive risk-taking, with potentially significant long-term consequences.
June 8 -
Self-employed borrowers represent just 23.1% of the pool, and liquid reserves were $858,428 compared with 21.9% and $1 million.
June 8 -
This series of CarMax Select Receivables notes is offering 8.42% in excess spread, a reduction from 9.85% on the CMXS 2026-A notes.
June 5 -
The senior notes will repay investors pro rata, and the mezzanine and subordinate notes will repay sequentially.
June 5 - AB - Policy & Regulation
Members of the House Financial Services Committee pressed prudential bank and credit union regulators about the potential risks of bank lending to private credit firms in a hearing Thursday.
June 4







