Taylor Speers
Partner
Taylor represents clients on structured finance transactions, with a focus on residential mortgage loan financing and agency residential mortgage servicing right financing.
Key Matters
Some of the experience represented below may have been handled at a previous firm.
- Represented one of the nation’s largest residential mortgage originators in connection with establishing numerous residential loan warehouse facilities with a combined capacity of over $11b, including direct repurchase agreements and structured arrangements.
- Represented a large national residential mortgage loan servicer with respect to (a) the acquisition of servicing rights to approximately $17.7 billion in Freddie Mac, Fannie Mae, Ginnie Mae, and private label loans from a national bank, and (b) obtaining consents and approvals necessary to consummate the transfers of servicing and to amend certain of the servicing agreements to allow for financing of servicing advances.
- Represented a large national residential mortgage loan servicer and its REIT affiliates in connection with establishing numerous mortgage servicing rights financing facilities with a combined capacity of approximately $2b relating to Fannie Mae and Freddie Mac mortgage loans.
- Represented multiple national loan servicers and their affiliates in connection with establishing securitization programs issuing term notes and variable funding notes collateralized by mortgage servicing rights pertaining to Ginnie Mae and Fannie Mae mortgage loans.
- Represented multiple funds in connection with establishing numerous marketplace lending purchase programs, pertaining to unsecured consumer loans, across from some of the largest originators/sellers in the industry.
- Represented a large national residential mortgage loan servicer in establishing one of the earlier post-financial crisis servicing advance facilities relating to Fannie Mae and Freddie Mac mortgage loans following the onset of COVID and related forbearance programs (at the time, practically all post-crisis advance facilities related to subprime loans and/or smaller servicers).