Low Interest Rates Help Stifle RMBS Issuance

Low interest rats are contributing to the sluggish issuance of residential mortgage-backed securities as banks find it less expensive to hold jumbo mortgages on their books rather than package them into RMBS, according to analysts. “

  • 15 Oct 2010
Low interest rats are contributing to the sluggish issuance of residential mortgage-backed securities as banks find it less expensive to hold jumbo mortgages on their books rather than package them into RMBS, according to analysts. “Securitization of newly originated loans is currently uneconomical,” said Laurie Goodman, senior managing ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%