- Represented a mortgage servicer in the restructuring of a master trust structure for the financing of Ginnie Mae MSRs and servicing advances, which involved the issuance of $3 billion of variable funding notes backed by excess servicing spread, Ginnie Mae MSRs, P&I advances, and servicing advances.
- Representing financial institutions and borrowers in warehouse transactions for the financing of various mortgage loan products, including restructurings of the same.
- Counsel to Credit Suisse’s Securitized Products business while on secondment.
- Represented financial institutions in the purchase and sale of par and distressed assets in the primary and secondary markets, including bankruptcy claims, syndicated bank loans, and DIP financings.
- Represented creditors, including landlords and financial institutions, in bankruptcy proceedings.
Senior Associate,
- Phone: +1 212 210 9516
- Email: ashley.kennedy@alston.com
Clients lean on Ashley to represent them in securitizations and the financing of a wide range of asset classes in the structured finance market, including residential and commercial real estate and mortgage loans, mortgage servicing rights, and servicing advance receivables.