Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Lehman Brothers | 44,451.1 | 1 | 11.0 | 98 |
Countrywide Securities Corp | 35,223.3 | 2 | 8.7 | 54 |
Royal Bank of Scotland Group | 34,777.1 | 3 | 8.6 | 80 |
Morgan Stanley | 29,712.1 | 4 | 7.4 | 30 |
Credit Suisse | 28,418.0 | 5 | 7.0 | 76 |
Deutsche Bank AG | 27,807.1 | 6 | 6.9 | 60 |
Bear Stearns & Co Inc | 25,617.4 | 7 | 6.4 | 74 |
Citigroup | 23,271.4 | 8 | 5.8 | 61 |
JP Morgan | 23,016.2 | 9 | 5.7 | 52 |
Merrill Lynch & Co Inc | 21,276.7 | 10 | 5.3 | 37 |
Industry Total | 403,349.8 | - | 100.0 | 764 |
Source: Thomson Financial |
-
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.
2m ago -
The trust employs a 24-month revolving period. There is an increased risk that collateral quality could deteriorate as the transaction evolves with new collateral.
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 -
Aside from the cash flow stabilization, another credit positive to the deal, TAH Operations is property manager to the portfolio, and has strong processes and controls.
March 27 -
Four tranches of class A notes make up the capital structure, and they all benefit from 3.00% in total initial hard credit enhancement.
March 26