Wells To Pay Fannie Mae $541 Mln Over Bad Loans

Wells Fargo has agreed to pay Fannie Mae a net $541 million to settle claims over defective loans, thus completing the government-sponsored enterprise’s effort to have major banks repurchase troubled mortgages.

  • 31 Dec 2013
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Wells Fargo has agreed to pay Fannie Mae a net $541 million to settle claims over defective loans, thus completing the government-sponsored enterprise’s effort to have major banks repurchase troubled mortgages.
Click here to read the story from Reuters.
  • 31 Dec 2013

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%