| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| REAL ESTATE ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Bear Stearns & Co Inc | 20,955.1 | 1 | 10.0 | 33 |
| Morgan Stanley | 19,280.0 | 2 | 9.2 | 23 |
| Countrywide Securities Corp | 18,744.7 | 3 | 8.9 | 22 |
| Royal Bank of Scotland Group | 18,616.8 | 4 | 8.9 | 29 |
| Lehman Brothers | 17,297.8 | 5 | 8.2 | 43 |
| Credit Suisse First Boston | 16,999.2 | 6 | 8.1 | 40 |
| Deutsche Bank AG | 16,768.8 | 7 | 8.0 | 32 |
| Banc of America Securities LLC | 11,975.0 | 8 | 5.7 | 23 |
| Merrill Lynch & Co Inc | 10,937.9 | 9 | 5.2 | 14 |
| Citigroup | 10,027.4 | 10 | 4.8 | 21 |
| Industry Total | 210,222.3 | – | 100.0 | 374 |
| Source: Thomson Financial | ||||
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