| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Banc of America Securities | 12,758.4 | 1 | 46.5 | 5 |
| JPMorgan Securities | 11,994.9 | 2 | 43.7 | 4 |
| Deutsche Bank Securities | 8,929.2 | 3 | 32.5 | 4 |
| Barclays Capital | 8,836.0 | 4 | 32.2 | 2 |
| Credit Suisse | 8,707.8 | 4 | 31.7 | 3 |
| Morgan Stanley | 6,270.3 | 6 | 22.8 | 2 |
| Goldman Sachs | 5,842.0 | 7 | 21.3 | 2 |
| Wachovia Securities | 4,806.0 | 8 | 17.5 | 1 |
| Lehman Brothers | 4,142.0 | 9 | 15.1 | 1 |
| RBS Greenwich Capital | 3,051.4 | 10 | 11.1 | 1 |
| Industry Total | 27,448.6 | - | 100.0 | 12 |
| Source: Thomson Financial | ||||
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The initial overcollateralization level was 14.50%, an increase from 14.00%. Target overcollateralization, meanwhile, increased to 18.75, compared with 16.50% on the previous deal.
July 7 -
Figure Lending originated the HELOCs using the FICO 9 scoring model, which treats medical debt, rental payments and repaid collection accounts differently.
July 7 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday morning that she is working with other regulators around the world to emphasize innovation in the banking sector, including with artificial intelligence.
July 7 -
A dividend cut is what some feel likely to be next for UWM, in order to reduce leverage levels which are well above competitors Rocket and Pennymac
July 6 -
Recent signals indicate this could be on the horizon and potentially add new value to a Fannie Mae/Freddie Mac stock offering, a Seeking Alpha analyst wrote.
July 6 -
Analysts at KBRA estimate a base case loss of 4.8%, down from the estimated loss of 5.6% on the 2025-1 series.
July 6








