| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| CREDIT CARD ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| JP Morgan | 5,025.0 | 1 | 22.6 | 7 |
| Citigroup | 4,698.4 | 2 | 21.1 | 10 |
| BANK ONE Corp | 3,350.0 | 3 | 15.1 | 5 |
| Barclays Capital | 2,349.4 | 4 | 10.6 | 6 |
| Lehman Brothers | 2,324.4 | 5 | 10.4 | 6 |
| Deutsche Bank AG | 1,324.7 | 6 | 6.0 | 6 |
| Banc of America Securities LLC | 818.0 | 7 | 3.7 | 4 |
| Merrill Lynch & Co Inc | 752.2 | 8 | 3.4 | 2 |
| Credit Suisse First Boston | 718.0 | 9 | 3.2 | 3 |
| Goldman Sachs & Co | 425.0 | 10 | 1.9 | 2 |
| Industry Total | 22,260.1 | – | 100.0 | 38 |
| Source: Thomson Financial | ||||
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UWM sheds MSRs to ease debt as origination margins slip
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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.
