Shadow Inventory Stunts Housing Recovery

The current inventory of roughly $405 billion in unresolved distressed properties needs to be slashed by more than 75% before the U.S. housing market can make a full recovery, according to Standard & Poor’s.

  • 25 Jul 2011
The current inventory of roughly $405 billion in unresolved distressed properties needs to be slashed by more than 75% before the U.S. housing market can make a full recovery, according to Standard & Poor’s. Citing its U.S. Residential Performance Index, S&P said the figure represents one-third of the ...

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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 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

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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%