Dykema is experienced in structuring and documenting sophisticated asset-backed and mortgage-backed financing transactions. Our lawyers represent issuers, underwriters, and special purpose entities in all phases of asset- and mortgage-backed debt financings, whether structured as a secured commercial loan or an issuance of asset- or mortgage-backed securities. We offer a complete range of services, support and guidance in planning and structuring deals; drafting and negotiating necessary transactional documents; negotiating and documenting intercreditor arrangements; organizing special purpose entities; handling rating agencies, underwriters, credit enhancers and back-up servicers; licensing servicers; selling subordinated interests to investors; and transferring and financing residual interests in existing asset pools.
Our structured finance team has represented loan originators and servicers in warehouse and term financings, special purpose entities in the financing of residual interests in other transactions, credit card issuers in securitizations, and lenders who have an appetite for secondary market transactions. We understand the characteristics required for assets to be isolated from unrelated risks and claims, and the techniques available to allocate priorities in such isolated assets among various creditors, allowing our clients to control and allocate risk.
- February 27, 2017
- August 23, 2012