Escalating Costs Impacting RMBS Losses

The U.S. residential mortgage industry continues to face significant challenges, particularly in light of the severe downturn in the subprime mortgage sector.

  • 01 Aug 2008
The U.S. residential mortgage industry continues to face significant challenges, particularly in light of the severe downturn in the subprime mortgage sector. Rising delinquencies and mounting foreclosures have resulted in unprecedented growth of real estate-owned property volumes. At year-end 2007, non-agency residential mortgage-backed securities REO volumes were up ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 5,997 17 15.40
2 Citi 4,679 16 12.02
3 Lloyds Bank 3,158 6 8.11
4 Bank of America Merrill Lynch (BAML) 3,104 10 7.97
5 Morgan Stanley 3,066 8 7.88

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 69,085.90 230 10.56%
2 JPMorgan 63,371.79 193 9.69%
3 Wells Fargo Securities 50,770.30 154 7.76%
4 Bank of America Merrill Lynch 50,061.19 163 7.66%
5 Credit Suisse 45,499.96 141 6.96%