Laurence Pettit

Securitization

Laurence Pettit regularly advises issuers and financial advisers on structured finance transactions involving a wide range of asset classes. As issuer’s counsel, Laurence helped develop the first securitizations of residential property assessed clean energy (PACE) assessments in 2014 and has facilitated more than 30 PACE securitizations since that time. He is actively involved in the expanding market for both residential and commercial PACE financings, advising on both the establishment of new PACE programs and on specific transactions to fund the origination of PACE assets. Since January 2011, he has also advised on term and warehouse securitizations involving home improvement loans, consumer litigation funding, retail installment sales contracts, contractor loans, insurance commissions, trade receivables, collateralized fund obligations, commercial/industrial solar power purchase contracts, rooftop solar loans and tobacco settlement legal fee awards. Laurence also counsels investment funds on their secondary market activity in asset-backed security (ABS) and mortgage-backed security products, including distressed investing and workouts.