S&P Downgrades $23.4 Billion Of 2007 RMBS

Standard & Poor’s today downgraded $23.35 billion, or 1,713 classes, of U.S. residential mortgage-backed securities backed by first-lien subprime, Alt-A and closed-end second lien mortgages issued in the first half of 2007.

  • 17 Oct 2007

--Aaron Johnson

Standard & Poor’s today downgraded $23.35 billion, or 1,713 classes, of U.S. residential mortgage-backed securities backed by first-lien subprime, Alt-A and closed-end second lien mortgages issued in the first half of 2007. The downgraded tranches account for 4.7% of the $495 billion of all U.S. RMBS backed ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%