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) 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

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Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
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