S&P Downgrades $5.56 Bln In Alt-A-Backed RMBS

Standard & Poor’s has lowered the rating on $5.56 billion of residential mortgage-backed securities backed by Alt-A mortgages vintages 2005 to 2007.

  • 12 Oct 2009
Standard & Poor’s has lowered the rating on $5.56 billion of residential mortgage-backed securities backed by Alt-A mortgages vintages 2005 to 2007. In the latest round of downgrades, S&P cut the ratings on 390 classes from 27 RMBS deals, with 13 of the classes lowered to default. The ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 19.79
2 Morgan Stanley 2,420 6 12.97
3 Goldman Sachs 2,096 5 11.24
4 BNP Paribas 1,686 6 9.04
5 Barclays 1,565 4 8.39

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 50,762.12 164 10.68%
2 JPMorgan 43,849.74 130 9.22%
3 Wells Fargo Securities 37,970.87 112 7.99%
4 Bank of America Merrill Lynch 36,015.87 117 7.58%
5 Credit Suisse 30,953.64 97 6.51%