Fannie Mae, Freddie Mac May Face More Write-Downs

  • 22 Jul 2008
Fannie Mae and Freddie Mac may face additional heavy write-downs as a result of additional purchases of subprime and Alt-A mortgage securities, according to the Office of Federal Housing Enterprise Oversight. OFHEO, Fannie and Freddie’s regulators, said the two firms “significantly increased their exposure to fair value losses ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%