Accounting Change Should Ease GSE Loan Modifications

An accounting change due to go into effect Jan. 1 should make it easier for Fannie Mae and Freddie Mac to modify home mortgages.

  • 19 Jun 2009
An accounting change due to go into effect Jan. 1 should make it easier for Fannie Mae and Freddie Mac to modify home mortgages. According to James Lockhart, director of the Federal Housing Finance Agency, which oversees the GSEs, the new Financial Accounting Standards Board rule adds some ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 9,235.10 31 12.19%
2 Barclays 7,853.42 22 10.36%
3 Bank of America Merrill Lynch 7,473.95 24 9.86%
4 JPMorgan 7,225.34 25 9.54%
5 Wells Fargo Securities 6,258.35 24 8.26%