| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| STUDENT LOAN ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| Citigroup | 4,542.8 | 1 | 19.3 | 8 |
| Morgan Stanley | 4,244.2 | 2 | 18.0 | 8 |
| Deutsche Bank AG | 3,708.4 | 3 | 15.8 | 6 |
| Credit Suisse First Boston | 3,450.4 | 4 | 14.7 | 6 |
| Merrill Lynch & Co Inc | 3,287.4 | 5 | 14.0 | 5 |
| JP Morgan | 1,398.0 | 6 | 5.9 | 4 |
| Banc of America Securities LLC | 1,186.3 | 7 | 5.0 | 3 |
| UBS | 718.0 | 8 | 3.1 | 3 |
| BANK ONE Corp | 507.6 | 9* | 2.2 | 1 |
| Lehman Brothers | 507.6 | 9* | 2.2 | 1 |
| Industry Total | 23,550.8 | – | 100.0 | 22 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
SAGE Residential raises $463.8 million from closed-end second-line mortgages
The A1 class is broken down into three AAA-rated tranches, made up of initial exchangeable notes that can be exchanged for the exchangeable notes.
Foundation Finance raises $353.7 million from home improvement loans
FFIN 2026-2's notes will repay investors sequentially, other than during a class A credit enhancement period.
FICO holds price for commitments as Pulte plans more action
FICO announced it will maintain its mortgage industry price for credit scores through tri-merge resellers at $10 for members of its Preferred Program.
Bankers Healthcare gets set to raise almost $400 million in ABS
The deal continues BHG's more recent streak of securitizing loans collateralized exclusively by consumer loans. The deal is the program's sixth term 144A securitization backed by consumer loans.
PennyMac’s first all-investment property RMBS raises $298.1 million
Classes A1 through A3, which is composed of seven tranches, are expected to pay coupons of 6.39%.
