| 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 |
| JP Morgan | 10,765.7 | 1 | 16.1 | 22 |
| Citigroup | 10,626.5 | 2 | 15.9 | 17 |
| Wachovia Corp | 9,764.8 | 3 | 14.6 | 16 |
| Barclays Capital | 6,578.7 | 4 | 9.8 | 10 |
| Deutsche Bank AG | 5,934.7 | 5 | 8.9 | 14 |
| Banc of America Securities LLC | 4,438.3 | 6 | 6.6 | 8 |
| Royal Bank of Scotland Group | 3,644.0 | 7 | 5.4 | 8 |
| Credit Suisse | 3,466.3 | 8 | 5.2 | 7 |
| HSBC Holdings PLC | 2,389.3 | 9 | 3.6 | 3 |
| Goldman Sachs & Co | 2,326.6 | 10 | 3.5 | 4 |
| Industry Total | 66,929.3 | – | 100.0 | 74 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
SAGE Residential raises $463.8 million from closed-end second-line mortgages
The A1 class is broken down into three AAA-rated tranches, made up of initial exchangeable notes that can be exchanged for the exchangeable notes.
Wall Street’s AI debt machine is starting to choke on supply
Yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors.
Bond-market doubts grow over gridlock as cure for deficit angst
A split Congress has often been a bullish recipe for Treasuries. Benchmark 10-year yields have been lower on average one and 12 months after midterms that produced such a result.
Fed’s ‘tailoring’ initiative may be easier said than done
There is broad agreement that asset size alone is not the best way to measure a bank's systemic footprint. But getting equally broad consensus on another, better approach could be difficult.
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%.
