Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Lehman Brothers | 38,491.6 | 1 | 13.2 | 91 |
Credit Suisse First Boston | 26,915.5 | 2 | 9.2 | 64 |
Citigroup | 26,752.0 | 3 | 9.2 | 68 |
Morgan Stanley | 23,662.9 | 4 | 8.1 | 50 |
Royal Bank of Scotland Group | 23,534.2 | 5 | 8.1 | 49 |
Countrywide Securities Corp | 23,369.3 | 6 | 8.0 | 41 |
Bear Stearns & Co Inc | 21,116.5 | 7 | 7.2 | 46 |
JP Morgan | 20,559.6 | 8 | 7.0 | 30 |
Deutsche Bank AG | 19,769.1 | 9 | 6.8 | 49 |
Banc of America Securities LLC | 19,308.3 | 10 | 6.6 | 60 |
Industry Total | 292,115.5 | - | 100.0 | 582 |
Source: Thomson Financial |
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Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
There are two series, 2024-1 and 2024-2, that have revolving periods—three for the 2024-1 and five for the 2024-2—during which noteholders will not receive any principal.
March 28 -
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March 27 -
Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27