| 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 |
| Banc of America Securities LLC | 8,982.0 | 1 | 29.9 | 13 |
| JP Morgan | 7,239.0 | 2 | 24.1 | 11 |
| Deutsche Bank AG | 6,228.7 | 3 | 20.8 | 13 |
| Morgan Stanley | 2,549.9 | 4 | 8.5 | 7 |
| Barclays Capital | 1,829.0 | 5 | 6.1 | 2 |
| Credit Suisse | 1,209.0 | 6 | 4.0 | 4 |
| ABN AMRO | 625.0 | 7 | 2.1 | 2 |
| Wachovia Corp | 500.0 | 8 | 1.7 | 1 |
| Lehman Brothers | 328.9 | 9 | 1.1 | 2 |
| 250.0 | 10 | 0.8 | 1 | |
| Industry Total | ||||
| Source: Thomson Financial | ||||
More From Asset Securitization Report
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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.
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.
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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
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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.
