Smaller GSEs Urged

The Community Mortgage Lenders of America has issued a white paper on the futures of Fannie Mae and Freddie Mac, calling for a reduction to only 30% to 35% of the overall secondary market and barring the government-sponsored enterprises from securitizing or investing in anything but plain-vanilla mortgages.

  • 05 Jun 2012

Goldman Sachs is said to have cut a number of managing directors in its latest staff reduction of an estimated 50 employees to help reduce expenses amid a dim revenue outlook.

Click here to read the story from Bloomberg.

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 2,007 6 16.61
2 Goldman Sachs 1,798 4 14.88
3 BNP Paribas 1,434 4 11.87
4 Barclays 1,097 2 9.08
5 Morgan Stanley 1,094 2 9.06

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 20,542.69 67 10.85%
2 JPMorgan 18,820.53 50 9.94%
3 Bank of America Merrill Lynch 17,976.22 56 9.49%
4 Wells Fargo Securities 16,568.24 48 8.75%
5 Barclays 13,499.53 45 7.13%