| 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 |
| Countrywide Securities Corp. | 15,736.9 | 1 | 14.6 | 16 |
| RBS Greenwich Capital | 13,380.5 | 2 | 12.4 | 15 |
| Merrill Lynch, Pierce, Fenner & Smith | 12,970.8 | 3 | 12.0 | 12 |
| Citigroup Global Markets | 10,988.3 | 4 | 10.2 | 11 |
| Banc of America Securities | 10,671.2 | 5 | 9.9 | 14 |
| Morgan Stanley & Co. | 10,313.3 | 6 | 9.5 | 11 |
| Lehman Brothers | 8,994.4 | 7 | 8.3 | 10 |
| Bear Stearns & Co. | 8,384.7 | 8 | 7.8 | 16 |
| JP Morgan Securities | 6,401.0 | 9 | 5.9 | 6 |
| Deutsche Bank Securities | 5,651.1 | 10 | 5.2 | 7 |
| Industry Total | 107,996.0 | – | 100.0 | 131 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
Consumer contracts back Aqua Finance’s $328.9 million in ABS
Aqua Finance's credit enhancements include a sequential pay structure until the class A credit enhancement period is over.
Island CEF’s equipment leases underpin $265.5 million in ABS
The top 20 obligors account for 32.0% of the aggregate securitization value, while the top 10 represent 18.8%, a moderately elevated concentration.
NEF Holdings raises $251.6 million in equipment ABS
SLR series 2026-1 benefits from initial overcollateralization of 8.00%, with a target of either 13% of the pool's aggregate ABS value or 8.00% of the securitization value on May 31.
Auto ABS suffers the most in a K-shaped economy
Subprime auto and unsecured consumer loans are under pressure even as overall ABS performance remains steady.
SoFi raises $688.5 million from consumer ABS
The deal saw notable changes from SCLP 2021-1, especially an increase in target and initial overcollateralization.
