Countrywide Settles W.Va. Loan Suit

Countrywide Financial has settled a suit filed by the state of West Virginia that charged it with selling loans to consumers who cannot afford them.

  • 04 Feb 2009
Countrywide Financial has settled a suit filed by the state of West Virginia that charged it with selling loans to consumers who cannot afford them. According to Attorney General Darrell McGraw, Countrywide, which sold adjustable rate mortgages with unaffordable teaser rates, has agreed to provide loan modifications for ...

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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) 6,665 23 13.02
2 Citi 5,781 17 11.29
3 BNP Paribas 3,530 14 6.89
4 Barclays 2,853 9 5.57
5 Credit Suisse 2,783 8 5.44

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1 Citi 99,251.11 279 13.15%
2 Bank of America Merrill Lynch 90,895.27 265 12.04%
3 Wells Fargo Securities 72,661.39 222 9.63%
4 JPMorgan 52,367.24 169 6.94%
5 Credit Suisse 41,885.89 127 5.55%