RMBS Rack Up $350 Bln In Losses

Residential mortgage-backed securities have racked up $350 billion in cumulative losses so far since the housing market began to collapse, about half of the total it may eventually sustain, according to FTN Financial.

  • 09 Nov 2011
Residential mortgage-backed securities have racked up $350 billion in cumulative losses so far since the housing market began to collapse, about half of the total it may eventually sustain, according to FTN Financial. Walter Schmidt, head of mortgage strategy at the broker dealer, said the $700 billion in ...

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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) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 111,131.36 317 13.04%
2 Bank of America Merrill Lynch 96,639.32 283 11.34%
3 Wells Fargo Securities 81,749.66 249 9.60%
4 JPMorgan 61,554.22 191 7.22%
5 Credit Suisse 44,689.16 138 5.25%