| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| CDOs | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| UBS | 1,022.0 | 1 | 38.4 | 1 |
| BNP Paribas SA | 919.5 | 2 | 34.6 | 1 |
| Merrill Lynch & Co Inc | 602.0 | 3 | 22.6 | 1 |
| Citigroup | 115.0 | 4 | 4.3 | 1 |
| Industry Total | 2,658.5 | – | 100.0 | 4 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
Tesla’s latest lease-backed transaction raises $750 million
Classes A1 through A4 benefit from credit enhancement levels of 27.00%; while classes B, C and D benefit from credit enhancement levels of 22.75%, 18.25% and 13.50%, respectively.
How AD manages non-QM, second liens in securitization
The company's affiliate has been issuing non-QM deals that include a small percentage of second liens, some of which also involve alternative documentation.
Portfolio managers see active fixed-income prospects in 2026
Investors expect economic growth to start accelerating this month and continue through April, as consumers benefit from tax cuts.
Mortgage application activity decreases despite lower rates
A pickup in refinances was offset by the first pullback in purchases in four weeks in the run-up to Labor Day, according to the Mortgage Bankers Association.
The top-performing 20 public banks with under $2B of assets
Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.