Assured Sues Bank Over Securitizations

Assured Guaranty has filed suit against Flagstar Bancorp for allegedly violating warranties on home equity loan securitizations.

  • 08 Apr 2011
Assured Guaranty has filed suit against Flagstar Bancorp for allegedly violating warranties on home equity loan securitizations. Filed in U.S. District Court in Manhattan, the complaint by the bond is seeking more than $100 million in damages for the roughly $82.4 million in claims on securitizations with impaired ...

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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 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%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%