| 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 |
| Morgan Stanley | 25,669.5 | 1 | 9.9 | 26 |
| Lehman Brothers | 25,500.4 | 2 | 9.8 | 61 |
| Royal Bank of Scotland Group | 25,262.2 | 3 | 9.7 | 48 |
| Credit Suisse | 22,957.6 | 4 | 8.8 | 53 |
| Countrywide Securities Corp | 20,442.3 | 5 | 7.9 | 29 |
| Deutsche Bank AG | 17,673.8 | 6 | 6.8 | 36 |
| Merrill Lynch & Co Inc | 17,216.9 | 7 | 6.6 | 28 |
| Bear Stearns & Co Inc | 16,677.1 | 8 | 6.4 | 48 |
| JP Morgan | 15,016.5 | 9 | 5.8 | 34 |
| Citigroup | 14,214.4 | 10 | 5.5 | 37 |
| Industry Total | 260,214.0 | – | 100.0 | 469 |
| Source: Thomson Financial | ||||
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