Reminiscent of last quarter, UBS Warburg looks to be ahead of the game once again in the preliminary results for RMBS manager activity rankings for both agency and non-agency MBS. This is according to Thomson Financial's preliminary league tables for the second quarter of 2002.

UBS seems to be leading the way with approximately $45.89 billion and a 16% market share. Credit Suisse First Boston, which so far sold roughly $39.09 billion and has a 13.6% market share, is second in the preliminary rankings. Lehman Brothers is not too far behind having about $35.64 billion sold and a 12.4% market share.

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