| 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 |
| Lehman Brothers | 45,141.4 | 1 | 11.5 | 83 |
| Bear Stearns & Co Inc | 36,779.6 | 2 | 9.4 | 79 |
| Royal Bank of Scotland Group | 33,836.8 | 3 | 8.6 | 56 |
| Countrywide Securities Corp | 32,034.0 | 4 | 8.2 | 39 |
| Morgan Stanley | 31,933.7 | 5 | 8.1 | 41 |
| Credit Suisse First Boston | 29,143.9 | 6 | 7.4 | 63 |
| Deutsche Bank AG | 28,399.1 | 7 | 7.2 | 53 |
| Citigroup | 21,633.4 | 8 | 5.5 | 45 |
| Banc of America Securities LLC | 20,787.4 | 9 | 5.3 | 45 |
| Merrill Lynch & Co Inc | 20,381.9 | 10 | 5.2 | 30 |
| Industry Total | 393,203.7 | – | 100.0 | 765 |
| Source: Thomson Financial | ||||
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