About Oonagh L. Deasy

Oonagh Deasy focuses her practice on affordable housing and community development matters.  She represents national mortgage lenders, including agency lenders and financial institutions, in a broad range of complex real estate finance transactions. Her work focuses on construction and permanent lending utilizing tax-exempt bond and tax credit financing, ground lease and master lease structures, Section 8 and other project-based rental assistance, condominium regimes, state and local tax exemptions, and multiple layers of public and private funding sources.

Oonagh also has extensive experience with respect to complex residential mortgage loan financings collateralized by mortgage servicing rights, excess servicing spread and servicing advance receivables. She represents a government-sponsored enterprise (GSE) in connection with such transactions, and brings significant experience structuring and executing these sophisticated financing arrangements.

Extensive experience closing complex and sophisticated transactions

Drawing on more than 13 years of experience at a GSE, Oonagh offers in-depth knowledge of public finance, structured finance and real estate finance, with a particular focus on affordable multifamily housing financings involving tax-exempt financing and single-family mortgage servicing rights transactions.

Practice Focus

  • Affordable housing and community development transactions
  • Asset-backed lending
  • MSR financings
  • Public finance