Lawmaker Pitches Refi Plan For Underwater Homeowners

Sen. Jeff Merkley (D-Ore.) has unveiled his Rebuilding American Homeownership Trust, a plan that would allow underwater homeowners to refinance their mortgages at lower rates.

  • 25 Jul 2012

Sen. Jeff Merkley (D-Ore.) has unveiled his Rebuilding American Homeownership Trust, a plan that would allow underwater homeowners to refinance their mortgages at lower rates. The plan would involve selling bonds and using the proceeds to buy mortgages from banks, credit unions and originators.

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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
  • 22 May 2017
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%