| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| AUTO ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 3,665.5 | 1 | 39.7 | 5 |
| JP Morgan | 2,058.6 | 2 | 22.3 | 5 |
| Wachovia Corp | 939.0 | 3 | 10.2 | 2 |
| Royal Bank of Scotland Group | 781.9 | 4 | 8.5 | 1 |
| Deutsche Bank AG | 472.5 | 5 | 5.1 | 2 |
| Merrill Lynch & Co Inc | 450.0 | 6 | 4.9 | 1 |
| Credit Suisse | 450.0 | 6 | 4.9 | 1 |
| Goldman Sachs & Co | 411.2 | 8 | 4.5 | 1 |
| Industry Total | 9,228.7 | – | 100.0 | 10 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
Foundation Finance raises $353.7 million from home improvement loans
FFIN 2026-2's notes will repay investors sequentially, other than during a class A credit enhancement period.
Portfolio managers expect spike in defaults, wider spreads
In the midst of increasing economic and geopolitical risks, portfolio managers expect global defaults and credit spreads to rise in the latest IAPCM survey.
PennyMac’s first all-investment property RMBS raises $298.1 million
Classes A1 through A3, which is composed of seven tranches, are expected to pay coupons of 6.39%.
UWM sheds MSRs to ease debt as origination margins slip
The company expects to report net income between $205 million and $220 million, with positive servicing results offset by an originations miss, analysts said.
ALLCU raises $243.7 million in prime auto ABS
A new cohort of lenders, Dort Financial Credit Union, Gesa Credit Union and Liberty Federal Credit Union originated the loans and contributed them to the collateral pool.