Please join us for a Structured & Warehouse Finance Team CLE training led by Emily Redmerski and Ashley Kennedy. Topics will include:
- Comparison of a repurchase agreement (repo) vs. a credit agreement/loan agreement
- Equity arrangement vs. debt arrangement
- Repos are safe harbored agreements under the bankruptcy code, and credit agreements are not
- Types of assets financed under each – mortgage loans and mortgage loan related assets/securities vs. MSRs, consumer assets, SFRs (real properties), and others
- Similarities across the two types of documents- security granting clause, Events of Default, representations and covenants – and which Events of Default, reps and covenants are unique to each agreement
- Comparison of the terminology used for the economics/pricing in each type of arrangement
CLE
CLE credit will be offered where applicable.
Questions?
Contact Emily Gaillard.