| 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 | 33,373.4 | 2 | 10.2 | 67 |
| Morgan Stanley | 28,472.5 | 3 | 8.7 | 37 |
| Countrywide Securities Corp | 27,870.4 | 4 | 8.5 | 33 |
| Royal Bank of Scotland Group | 26,986.1 | 5 | 8.3 | 45 |
| Deutsche Bank AG | 26,232.3 | 6 | 8.0 | 45 |
| Credit Suisse First Boston | 24,841.5 | 7 | 7.6 | 54 |
| Citigroup | 21,341.9 | 8 | 6.5 | 40 |
| Banc of America Securities LLC | 18,452.3 | 9 | 5.7 | 37 |
| Merrill Lynch & Co Inc | 17,734.6 | 10 | 5.4 | 25 |
| Industry Total | 326,216.9 | – | 100.0 | 544 |
| Source: Thomson Financial | ||||
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