BoA Marks Down Most Of Countrywide Mortgage Portfolio

Bank of America has marked down most of the $40 billion mortgage portfolio it acquired when it bought Countrywide Financial in 2008.

  • 11 Aug 2011
Bank of America has marked down most of the $40 billion mortgage portfolio it acquired when it bought Countrywide Financial in 2008. BoA is said to have marked down $8 billion of the portfolio as soon as it bought the troubled lender and an estimated $25 billion since ...

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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

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5 Barclays 13,499.53 45 7.13%