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 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,398.62 338 11.04%
2 Bank of America Merrill Lynch 94,721.79 272 8.91%
3 JPMorgan 92,612.23 269 8.71%
4 Wells Fargo Securities 82,597.19 239 7.77%
5 Credit Suisse 69,442.99 183 6.53%