Merrill Lynch Claims Unwanted Title as Top Subprime MBS Issuer, Morgan Stanley Leads in Underwriting
December 13, 2007
Securitization of subprime mortgages has slowed to the point that the industry’s leaders at the end of the nine-month mark – Merrill Lynch and Morgan Stanley – are likely to end up on top when the final tally is made for 2007. Merrill Lynch... [Includes two charts]