Fed Bars Yield-Spread Premiums

The Federal Reserve has adopted a series of new rules that include barring mortgage brokers and lenders from paying loan originators extra for getting borrowers to take out loans with higher interest rates.

  • 17 Aug 2010
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The Federal Reserve has adopted a series of new rules that include barring mortgage brokers and lenders from paying loan originators extra for getting borrowers to take out loans with higher interest rates. Under the rule, loan originators can continue to receive compensation that is based on a percentage of the loan amount, but not based on interest rate or other loan terms. In addition, the rules prohibit loan originators from steering a consumer to accept a mortgage that is not in the consumer's interest in an effort to increase the originator's compensation.

Click here to read the release from the Federal Reserve.

  • 17 Aug 2010

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) 3,865 12 12.28
2 Citi 2,800 7 8.90
3 Goldman Sachs 2,615 4 8.31
4 Credit Agricole 2,254 6 7.16
5 Barclays 2,006 6 6.38

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 Citi 46,714.29 133 12.73%
2 Bank of America Merrill Lynch 43,017.27 121 11.73%
3 Wells Fargo Securities 36,865.83 105 10.05%
4 JPMorgan 25,897.27 79 7.06%
5 Credit Suisse 19,055.29 50 5.19%