| 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 |
| Deutsche Bank Securities | 511.2 | 1 | 33.331 | 1 |
| Barclays Capital | 511.2 | 1 | 33.331 | 1 |
| Citigroup Global Markets | 511.2 | 1 | 33.331 | 1 |
| Industry Total | 1,533.7 | – | 100.0 | 1 |
| Source: ASR Scorecard database | ||||
More From Asset Securitization 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.
Upstart Network raises $400 million from consumer loans
Upstart's grade E loans account for 47.1% of the collateral pool, compared with 43.3% in the UPST 2026-3, while the concentration of 60-month loans is also lower.
PowerPay’s latest consumer loans pool leans heavily to home improvement
Raising $350.2 million in notes, the transaction has borrowers with higher credit quality, though the notes have less excess spread.
Home improvement loans secure $389 million in ABS from GoodLeap
GDLP 2026-2 also has lower levels of initial credit enhancement compared to GDLP 2026-1, at 6.12% versus 5.74%; overcollateralization at 23.90% versus 24.92% and total gross excess spread of 5.55% versus 5.98%.
OnDeck prepares to raise $500 million from small business loan pool
ODAS IV 2026-1 will issue expandable term notes, so that at any time during the revolving period the issuer can periodically upsize the notes to a maximum of $626 million.