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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 74,266.46 209 13.33%
2 Bank of America Merrill Lynch 64,298.92 202 11.54%
3 Wells Fargo Securities 55,583.74 178 9.98%
4 JPMorgan 40,447.01 140 7.26%
5 Credit Suisse 30,239.23 97 5.43%