TDA 25 Draws Down On Reserve Fund

The TDA 25 residential mortgage-backed securitization had to repeatedly draw on its reserve fund over the past few months mainly because of rising arrear levels.

  • 04 Mar 2008
-- Anneli Groenewald

The TDA 25 residential mortgage-backed securitization had to repeatedly draw on its reserve fund over the past few months mainly because of rising arrear levels. The reserve fund of the transaction, which is originated by Spain’s Banco Gallego and Credifimo, is already down to 0.44% of ...

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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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

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