Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Countrywide Securities Corp | 39,036.8 | 1 | 14.4 | 39 |
Royal Bank of Scotland Group | 29,531.3 | 2 | 10.9 | 57 |
Lehman Brothers | 29,257.8 | 3 | 10.8 | 60 |
Credit Suisse First Boston | 24,938.8 | 4 | 9.2 | 46 |
Morgan Stanley | 20,426.7 | 5 | 7.5 | 44 |
Bear Stearns & Co Inc | 19,440.0 | 6 | 7.2 | 41 |
Citigroup | 15,639.5 | 7 | 5.8 | 47 |
Deutsche Bank AG | 14,829.0 | 8 | 5.5 | 42 |
Merrill Lynch & Co Inc | 13,479.1 | 9 | 5.0 | 28 |
Banc of America Securities LLC | 13,365.4 | 10 | 4.9 | 41 |
Industry Total | 271,180.3 | - | 100.0 | 503 |
Source: Thomson Financial |
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Broken down by product type, the agency's NJCLASS Standard Fixed product should account for a large majority of the loans, 75.4%. NJCLASS Consolidation will account for the next-largest group, 14.1%.
April 24 -
The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.
April 24 -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
April 24 -
Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.
April 23 -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
April 23 -
Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.
April 23