Moody’s Downgrades FHA/VA RMBS

Moody’s Investors Service has downgraded $1.4 billion of residential mortgage-backed securities backed by loans insured by the Federal Housing Administration and the Veterans Administration.

  • 07 Sep 2011

Moody’s Investors Service has downgraded $1.4 billion of residential mortgage-backed securities backed by loans insured by the Federal Housing Administration and the Veterans Administration. Moody’s said the lower ratings on the RMBS, issued by GSMPS Mortgage Loan Trust, reflect its updated projection for higher potential pool losses.

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

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Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jan 2017
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%