Hunton Andrews Kurth Ranks Second Among Top Law Firms for US Asset-Backed Securities/Mortgage-Backed Securities Offerings for 2020

Hunton Andrews Kurth LLP is pleased to announce that its structured finance practice posted impressive results in Asset-Backed Alert’s end-of-year 2020 league tables. The rankings represent the top-performing legal advisors based on the volume of asset-backed securities (ABS) and mortgage-backed securities (MBS) offerings completed during 2020.

Hunton Andrews Kurth ranked second among the most active underwriters’ counsel for U.S. ABS and MBS securitizations. The firm advised on 86 deals with a total issuance value of more than $44 billion during 2020; an increase of approximately $3 billion from the end of 2019.

Hunton Andrews Kurth also rose to second among firms representing issuers on U.S. ABS and MBS securitizations. The firm advised issuers on 56 deals with a total issuance value of approximately $21 billion during 2020; an increase of approximately $7 billion from the end of 2019.

Combined, Hunton Andrews Kurth was the most active law firm in 2020 in representing both underwriters and issuers, with a total of 142 deals and a total issuance value of more than $65 billion.

Hunton Andrews Kurth’s structured finance and securitization practice is at the vanguard of the development of securitization and structured finance techniques, having represented the issuer of the first REMIC program backed by the full faith and credit of the United States; the first auto loan synthetic securitization transaction; the first RMBS structure involving the issuance of floating-rate securities; the first securitization of re-performing FHA and VA loans; the first master trust servicer advance securitization structure in 2002; the groundbreaking first GSE/Agency credit risk transfer issuances in 2013; the first securitization of a proprietary reverse product in 2019; and most recently the development of the master trust recourse securitization structure for mortgage servicing rights, combining term ABS notes and revolving lines of credit.