| 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 |
| Citigroup Global Markets | 34,211.9 | 1 | 15.4 | 46 |
| Merrill Lynch | 31,645.6 | 2 | 14.3 | 38 |
| Wachovia Securities | 16,546.7 | 3 | 7.5 | 28 |
| JPMorgan Securities | 14,866.9 | 4 | 6.7 | 25 |
| Banc of America Securities | 14,629.0 | 5 | 6.6 | 19 |
| Deutsche Bank Securities | 13,609.7 | 6 | 6.1 | 29 |
| Morgan Stanley | 13,053.5 | 7 | 5.9 | 61 |
| Bear Stearns | 11,721.3 | 8 | 5.3 | 23 |
| UBS | 11,148.3 | 9 | 5.0 | 26 |
| Lehman Brothers | 10,594.0 | 10 | 4.8 | 23 |
| Industry Total | 221,972.5 | – | 100.0 | 397 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
Rate-and-term refi activity hits 2025 high mark
Falling interest rates led to a rush in refinancing, but slowing purchase activity brought a decline in overall lock volumes, according to Optimal Blue.
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.
Mortgage activity flattens as buyers take wait-and-see approach
Purchases managed a small rise, but refinance activity held steady, according to the Mortgage Bankers Association.
Bond kings draw record $44 billion to actively managed ETFs
With the Federal Reserve poised to cut rates as soon as September, investors poured $245 billion overall into active and index mutual funds and exchange-traded funds in the first half of the year, according to Morningstar Direct.
Mortgage application activity rebounds with 16% surge
Homeowners responded to moderating interest rates and brought in significantly more refinance volume, with Department of Veterans Affairs numbers more than doubling from the prior week.
