Morgan, Lewis & Bockius LLP assists clients, particularly underwriters and issuers, in securitization matters across a plethora of industries, from automotive and real estate to telecoms and tech. Its clients include investment funds, credit unions, banks and other financial institutions as sponsors, lenders, purchasers and issuers. Its expertise includes assistance on CLO, second lien mortgaged loan, HELOC and personal loan-backed securitizations. Reed Auerbach, based in New York and head of practice, supports underwriters and issuers in ABS, MBS ad CLO offerings and is experienced in a wide range of asset classes, including auto loan receivables, student loans, consumer loans, credit card receivables and solar loans. Washington DC-based Paul St. Lawrence strengthens the firm’s CLO offering. Asa Herald, in DC, is noted as issuer’s counsel for securitization matters regarding RMBS, mortgage loans and credit card receivables. Matthew Joseph spearheads the firm’s work in the growing unsecured consumer loans securitization market from New York. In DC, Mark Riccardi is equipped to handle the regulatory and structural considerations surrounding securitizations.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Outstanding knowledge and experience from having done a large number of transactions. Great at identifying and communicating important issues on a timely basis. No last minute surprises.'
Key clients
- FirstKey Mortgage
- RWT Holdings Inc.
- Performance Trust
- Nomura Securities International, Inc.
- Bank of America NA
- Stifel Nicolaus & Company
- Roosevelt Loan Management Company
- Hometap
- loanDepot
- United Wholesale Mortgage
- Goldman Sachs & Co. LLC
- J.P. Morgan Securities LLC
- Nomura Securities International, Inc.
- Jefferies LLC
- Invesco Senior Secured Management, Inc.
- Zais Group LLC
- Palmer Square Capital Management LLC
- MidOcean Credit RR Manager LLC
- Aquarian Credit Partners LLC
- Seix Investment Advisors LLC
- Castlelake, L.P.
- Citigroup Global Markets Inc.
- Toyota Motor Credit Corporation
- Navient Corporation
- Verizon Communications Inc.
- Atlas SP Partners
- Sallie Mae Bank
Work highlights
- Represented Credit Suisse as lender in an $8 billion structured seller-financing facility in connection with the sale by Credit Suisse of its securitized products business to Atlas Securitized Products LP.
- Represented a Canadian, multinational financial services company in connection with the creation of the first known sustainable commercial paper product by a bank issuer valued at $50 billion.
- Represented Nomura Securities International, Inc. in its capacity as initial purchaser in a securitization of newly originated and seasoned open-ended HELOCs sponsored by an affiliate of PR Mortgage Investment.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Practice head
The lawyer(s) leading their teams.
Reed Auerbach