Fed flags student debt as barrier to homeownership

Growing student loan debt has long been blamed for the lower rates of homeownership among younger Americans, and recent reports from the Federal Reserve back this up, showing that student loan debt has dented the housing market and eroded consumer financial health broadly.

  • By Jennifer Kang
  • 11 Feb 2019
Student loan debt is growing at a faster rate than any other securitized asset class, surpassing $1.5tr outstanding in 2018, according to Fed data. The Fed’s report on the consumer also shows that more than 400,000 young Americans would have owned a home in 2014 if it ...

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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) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

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Rank Lead Manager Amount $m No of issues Share %
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1 Citi 10,064.23 34 12.73%
2 Barclays 7,915.37 23 10.01%
3 Bank of America Merrill Lynch 7,473.95 24 9.45%
4 JPMorgan 7,314.30 26 9.25%
5 Wells Fargo Securities 6,258.35 24 7.92%