U.S. Bank Climbs into First Place in Non-Agency MBS Trustee Ranking, BNY Leads in ABS
April 28, 2006
U.S. Bank racked up the most business in indenture trustee assignments in the non-agency MBS market, according to a new ranking based on the Inside Mortgage Finance MBS Database. Bank of New York remained the top trustee in the non-mortgage ABS market. U.S. Bank was named indenture trustee on some $91.9 billion on non-agency MBS issued during the first quarter, or 32 percent of the market (see next page). The company was especially dominant… [One data table included]