| 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 | 1,980.0 | 1 | 30.7 | 3 |
| UBS | 1,583.3 | 2 | 24.6 | 3 |
| Morgan Stanley | 1,540.6 | 3 | 23.9 | 1 |
| Banc of America Securities LLC | 700.0 | 4 | 10.9 | 1 |
| Deutsche Bank AG | 303.3 | 5 | 4.7 | 1 |
| JP Morgan | 303.3 | 5 | 4.7 | 1 |
| Goldman Sachs & Co | 40.0 | 7 | 0.6 | 1 |
| Industry Total | 6,450.6 | – | 100.0 | 5 |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
Post-2022 loans drive 43% of foreclosure starts; act early
Loans originated in 2022 or later accounted for 43% of September's foreclosure starts and 49% of completed sales, according to the ICE's first look report.
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.
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%.
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.