Fed To Servicers: Give Borrowers Helping Hand

  • 04 Sep 2007
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The Federal Reserve urged residential mortgage loan servicers earlier today to review their ability to help borrowers at risk of defaulting on their homes and to pursue loss mitigation strategies with an eye towards preserving homeownership. “Appropriate loss mitigation strategies may include, for example, loan modifications, deferral of payments or a reduction of principal,” the agency said in a statement. “In addition, institutions should consider referring appropriate borrowers to qualified homeownership counseling services that may be able to work with all parties to avoid unnecessary foreclosures.” A significant number of homeowners with hybrid adjustable-rate mortgages should see their mortgages reset throughout the rest of this year and during the next year, likely putting those borrowers at risk of defaulting on their loans.
  • 04 Sep 2007

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) 3,136 9 12.62
2 Citi 2,562 6 10.31
3 Goldman Sachs 2,150 3 8.65
4 Credit Suisse 1,822 6 7.33
5 Societe Generale 1,814 4 7.30

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%