Webinar: Show Me the Money: Legal Structuring of Cash Flow in Securitizations
Webinar: Show Me the Money: Legal Structuring of Cash Flow in Securitizations
Date: Tuesday, August 29, 2023
Time: 5:30 to 6:30 pm eastern time.
Presenters: Brent Lewis and Tom Yoon
This program will explore the structural and legal differences between various RMBS structures as well as the evolution of such structures through the years. Specifically, we will discuss the “Shifting interest” structure typically used in prime jumbo securitizations and the “Sequential Pay” structure used primarily in non-QM securitizations. Through a series of specific examples, we will dissect the waterfalls and the related legal terminology in order to gain an understanding how cash flows work and can be manipulated in order to achieve desired outcomes in RMBS deals. While this program is geared towards RMBS structures, we will also discuss basic drafting tips and contract interpretation issues that are relevant for any attorney who regularly drafts transactional documents.
CLE: Hunton Andrews Kurth LLP will seek CLE credit for this program in CA, FL, GA, NC, NY, TX and VA only. Credit hours are not guaranteed and are subject to each state’s approval rules.
To register or inquire: Awilliams@hunton.com