Several RMBS Servicers Downgraded

Fitch Ratings has downgraded the operational risk ratings of several U.S. residential mortgage servicers, including Bank of America, Chase, CitiMortgage and Wells Fargo, whose ratings dropped by one or two notches.

  • 13 Jun 2011
Fitch Ratings has downgraded the operational risk ratings of several U.S. residential mortgage servicers, including Bank of America, Chase, CitiMortgage and Wells Fargo, whose ratings dropped by one or two notches. Fitch attributed the downgrades to “the growing burden of managing delinquent and defaulted mortgages in an environment ...

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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 18.96
2 BNP Paribas 1,434 4 13.55
3 Goldman Sachs 1,392 3 13.15
4 Barclays 1,097 2 10.37
5 Morgan Stanley 1,094 2 10.34

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 18,289.20 61 11.16%
2 JPMorgan 16,621.17 45 10.15%
3 Wells Fargo Securities 16,128.82 45 9.85%
4 Bank of America Merrill Lynch 14,599.47 49 8.91%
5 Barclays 11,857.73 40 7.24%