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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 12.62
2 Citi 2,562 6 10.31
3 Goldman Sachs 2,150 3 8.65
4 Credit Suisse 1,822 6 7.33
5 Societe Generale 1,814 4 7.30

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%