(WASHINGTON, DC) Katten Muchin Rosenman LLP announced today that Claudine Chen-Young joined the firm's Structured Finance and Securitization practice as a partner in its Washington, DC office.
"Claudine is a seasoned attorney with outstanding legal skills," said Katten Chairman Roger P. Furey. "She's an important addition to an already deep bench of structured finance and securitization attorneys, and we welcome her to the firm."
Chen-Young focuses her practice on advising issuers and underwriters in connection with asset financings and securitizations involving a number of financial assets. In particular, she has extensive experience with securitizations of all types of residential mortgage loans and mortgage-related assets. Claudine has assisted companies and underwriters with establishing new mortgage-backed securitization programs for first-time issuers, and has advised clients in connection with other asset-backed securities offerings, including transactions involving auto and credit card receivables.
She also advises financial institutions such as banks, investment firms, real estate investment trusts and hedge funds with regard to bulk mortgage loan trading and financing transactions, as well as other asset acquisitions and dispositions. Claudine has advised clients in connection with the purchases and sales of a wide range of mortgage products including prime jumbo mortgage loans, seasoned re-performing and/or non-performing mortgage loans, real estate owned properties, construction bridge loans, loans backed by single family rental properties and small balance commercial loans, and mortgage servicing rights. She has also represented clients in connection with other types of asset purchases such as consumer loan portfolios and auto loans.
"Claudine has significant experience developing and executing sophisticated deal structures and innovative transactions," said Anna-Liza Harris, co-head of Katten's Structured Finance and Securitization practice. "Our clients will greatly benefit from her technical thinking and proven ability to close complex deals."
The Katten Structured Finance and Securitization practice advises clients in a wide variety of transactions, including Agency REMICs, private-label mortgage-backed securitizations and securitizations of consumer receivables such as auto loans, auto leases, equipment leases and CLOs. The group represents all market participants, from issuers, underwriters, placement agents and collateral managers to investors, swap counterparties, trustees, credit enhancers, rating agencies and servicers.