Delinquencies Spark Prime Fears

Rising delinquencies in prime nonagency residential mortgage-backed securities have the market worried the sector could be next to fall.

  • 29 Jan 2010

-- Olivia Thetgyi

Rising delinquencies in prime nonagency residential mortgage-backed securities have the market worried the sector could be next to fall. Problems have taken longer to show up in the sector, once considered the safest collateral, than in subprime. But continuing high unemployment and elevated levels of negative ...

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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 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%