BofA Tops RMBS Managers

October 6, 2008

The dramatic fall in RMBS activity is clearly demonstrated by the numbers. According to Thomson Reuters, industry totals for the period covering the first quarter to the third quarter of 2008 only reached $176.3 billion compared with $829.5 billion over the same period last year. This is a reflection of the lack of desire on the part of securitization players to come to market with residential mortgage deals. However, there were some big leaps in underwriting volume, specifically Barclays Capital, reported Thomson. It jumped to No. 4 from placing 15th in the first three quarters of last year.

The full article is available to Structured Finance News subscribers only

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.