| 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 |
| Credit Suisse First Boston | 1,989.5 | 1 | 20.2 | 4 |
| Merrill Lynch & Co Inc | 1,266.2 | 2* | 12.9 | 2 |
| JP Morgan | 1,266.2 | 2* | 12.9 | 2 |
| Morgan Stanley | 1,012.6 | 4* | 10.3 | 2 |
| Lehman Brothers | 1,012.6 | 4* | 10.3 | 2 |
| Banc of America Securities LLC | 901.6 | 6* | 9.2 | 2 |
| Citigroup | 901.6 | 6* | 9.2 | 2 |
| UBS | 530.0 | 8 | 5.4 | 1 |
| Deutsche Bank AG | 489.9 | 9 | 5.0 | 1 |
| RBC Capital Markets | 462.0 | 10 | 4.7 | 1 |
| Industry Total | 9,832.0 | – | 100.0 | 9 |
| 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.
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%.
UWM sheds MSRs to ease debt as origination margins slip
The company expects to report net income between $205 million and $220 million, with positive servicing results offset by an originations miss, analysts said.
ALLCU raises $243.7 million in prime auto ABS
A new cohort of lenders, Dort Financial Credit Union, Gesa Credit Union and Liberty Federal Credit Union originated the loans and contributed them to the collateral pool.
