Structured Finance and Securitization

Structured Finance and Securitization

Hunton & Williams is one of the nation’s leading structured finance and securitization law firms. For more than 30 years, we have represented clients in connection with mortgage-backed and asset-backed securities offerings and other structured financing matters.

With more than 40 lawyers resident in our New York, Charlotte, Richmond and Dallas offices dedicated to our structured finance and securitization practice, Hunton & Williams LLP is a leader among law firms involved in securitization capital markets and structured financing matters.

Team members hold leadership positions with bar association committees and industry groups, and regularly advise on various economic and regulatory developments impacting the securitization, structured finance and derivatives markets. We are routinely called upon by clients to coordinate comment letters and other responses to regulatory proposals and other significant market developments.

Our structured finance lawyers are consistently ranked among the top legal advisors for mortgage-backed securities (MBS) and asset-backed securities (ABS) in industry rankings and league tables, including most recently Asset-Backed Alert, Bloomberg, Chambers Global, Chambers USA, The American Lawyer, The Legal 500 and Thomson Reuters.

Key Areas of Focus

  • Residential mortgage-backed securitizations (RMBS) and whole loan transactions involving performing, nonperforming and re-performing mortgage loans
  • Acquisition, financing and securitization of mortgage servicer advance receivables, mortgage servicing rights and excess servicing fees and negotiation of mortgage servicing agreements
  • Warehouse and repo financing of performing and nonperforming residential mortgage loans, commercial mortgage-backed securities (CMBS), RMBS, real estate-owned (REO) properties, single-family rental properties, tax liens and other asset classes
  • Single family rental transactions, involving structured financings designed to facilitate the acquisition and holding of single-family properties as rental properties
  • Public and private asset-backed securitization transactions involving auto loans, credit card receivables, tax liens and trade receivables
  • Representation of REITs and private equity funds in a variety of structured finance and securitization transactions
  • Structured financing and securitization of renewable energy assets, including distributed solar projects
  • Government-guaranteed mortgage-backed securities, including acting as counsel for large U.S. government agency-sponsored securitization programs
  • Tender offers and other initiatives designed to commute obligations of monoline financial guaranty insurers on insured RMBS and ABS
  • Commercial disputes, litigation, government investigations and enforcement proceedings involving structured finance and securitization transactions

For over 30 years, Hunton & Williams has been in the vanguard of the development of securitization and structured finance techniques, including representing the issuer of the first real estate mortgage investment conduit (REMIC) program backed by the full faith and credit of the United States, the first auto loan synthetic securitization transaction, the first RMBS structure involving the issuance of floating-rate securities, the first securitization of re-performing FHA and VA loans, the first master trust servicer advance securitization structure in 2002, and the ground-breaking first GSE/Agency credit risk transfer issuances in 2013. We have represented parties involved in all aspects of the structured finance market, including issuers, underwriters, trustees, servicers, originators, lenders, insurance companies, derivatives providers and other participants in thousands of public and private securitization and structured finance transactions, involving the issuance of more than $1 trillion of securities.

Our experience encompasses all related legal and business issues, including securities and corporate law matters, tax issues, derivatives, accounting and regulatory matters, bankruptcy and insolvency considerations, and security interest questions.

We are proud of our diverse client base, our long history in this practice area, and our representation of some of the most significant private and governmental mortgage-backed and ABS capital markets participants.