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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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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
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1 BNP Paribas 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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For detailed analysis: Dealogic
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1 Citi 94,444.52 266 11.16%
2 Bank of America Merrill Lynch 79,057.17 220 9.35%
3 Wells Fargo Securities 69,655.75 196 8.23%
4 JPMorgan 69,110.65 196 8.17%
5 Credit Suisse 56,930.26 144 6.73%