Anger Grows Over $26 Bln Foreclosure Settlement

The $26 billion settlement between the nation’s five largest lenders and government officials, papers for which were filed Monday, has angered a growing number of borrowers as the agreement will help only about 1 million of the 11 million homeowners currently underwater and the 3.5 million people who have lost their homes to foreclosure.

  • 13 Mar 2012
The $26 billion settlement between the nation’s five largest lenders and government officials, papers for which were filed Monday, has angered a growing number of borrowers as the agreement will help only about 1 million of the 11 million homeowners currently underwater and the 3.5 million people who ...

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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

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Rank Lead Manager Amount $m No of issues Share %
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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%