Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
Citigroup | 8,572.0 | 1 | 23.0 | 11 |
Banc of America Securities LLC | 4,689.0 | 2 | 12.6 | 7 |
Morgan Stanley | 3,883.6 | 3 | 10.4 | 4 |
Deutsche Bank AG | 3,826.2 | 4 | 10.3 | 6 |
Credit Suisse First Boston | 3,367.9 | 5 | 9.0 | 5 |
Merrill Lynch & Co Inc | 2,965.8 | 6 | 8.0 | 3 |
UBS | 2,527.7 | 7 | 6.8 | 5 |
Lehman Brothers | 2,138.5 | 8 | 5.7 | 2 |
Goldman Sachs & Co | 2,127.2 | 9 | 5.7 | 4 |
JP Morgan | 1,808.5 | 10 | 4.8 | 4 |
Industry Total | 37,327.3 | - | 100.0 | 30 |
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.
2h 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