| 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 | 14,428.3 | 1 | 28.6 | 19 |
| Citigroup | 9,982.0 | 2 | 19.8 | 15 |
| JP Morgan | 8,924.7 | 3 | 17.7 | 20 |
| Morgan Stanley | 3,529.0 | 4 | 7.0 | 4 |
| Deutsche Bank AG | 3,424.9 | 5 | 6.8 | 10 |
| Barclays Capital | 3,096.8 | 6 | 6.1 | 7 |
| HSBC Holdings PLC | 1,999.9 | 7 | 4.0 | 2 |
| Credit Suisse | 1,800.0 | 8 | 3.6 | 9 |
| ABN AMRO | 1,000.0 | 9* | 2.0 | 5 |
| Merrill Lynch & Co Inc | 1,000.0 | 9* | 2.0 | 4 |
| Industry Total | 50,537.4 | – | 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.
Bankers Healthcare gets set to raise almost $400 million in ABS
The deal continues BHG's more recent streak of securitizing loans collateralized exclusively by consumer loans. The deal is the program's sixth term 144A securitization backed by consumer loans.
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%.
UWM sheds MSRs to ease debt as origination margins slip
The company expects to report net income between $205 million and $220 million, with positive servicing results offset by an originations miss, analysts said.
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.
