| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Merrill Lynch & Co Inc | 5,299.9 | 1 | 19.1 | 6 |
| Deutsche Bank AG | 3,589.1 | 2 | 12.9 | 5 |
| Morgan Stanley | 3,285.4 | 3 | 11.8 | 6 |
| JP Morgan | 3,207.9 | 4 | 11.6 | 6 |
| Citigroup | 2,986.6 | 5 | 10.8 | 4 |
| UBS | 2,782.5 | 6 | 10.0 | 6 |
| Credit Suisse First Boston | 2,745.6 | 7 | 9.9 | 4 |
| Banc of America Securities LLC | 1,781.4 | 8 | 6.4 | 2 |
| Lehman Brothers | 1,012.6 | 9 | 3.7 | 2 |
| RBC Capital Markets | 462.0 | 10 | 1.7 | 1 |
| Industry Total | 27,761.0 | - | 100.0 | 26 |
| Source: Thomson Financial | ||||
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Almost all five A1 tranches benefit from credit enhancement levels of 26.10%. The A1A tranche, however, has a credit enhancement level of 36.10%.
9h ago -
The Federal Reserve's vice chair outlined the ongoing modernization efforts for the central bank's lending facility of last resort, including coordination with the Federal Home Loan Banks.
10h ago -
The deal's obligor concentrations—its top and top five obligors account for 9.45% and 37.95% of the pool—are reigned in by WEF's focus on mission-critical essential use equipment.
September 21 -
The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
September 21 -
Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.
September 21 -
Given current rates are higher than the MBA and Fannie Mae forecasts, the industry could see further downside risk to the housing outlooks in October.
September 21








