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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%