‘Cram-Down’ Law Threatened To Boost Modifications

Rep. Barney Frank (D-Mass.) has threatened to revive proposed legislation to allow bankruptcy judge to perform loan modifications, if mortgage services don’t substantially increase their activity in that area.

  • 05 Aug 2009
Rep. Barney Frank (D-Mass.) has threatened to revive proposed legislation to allow bankruptcy judge to perform loan modifications, if mortgage services don’t substantially increase their activity in that area. Frank made his statement regarding the so-called “cram-down” law after Treasury reported last week that only 9% of eligible ...

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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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
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%