After a comparatively feeble showing in the previous year, UBS Warburg is the emerging winner in 2001 RMBS league tables.

UBS is first place in the year-end RMBS manager activity rankings for both agency and non-agency MBS, according to final results from Thomson Financial. The bank's lead comes at a time when industry totals shot up to $523.9 billion from $136.7 billion in 2000.

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