Webinar May 11, 2017

Warehouse Lines of Credit: Drafting Financing Agreements, Custodial Agreements, Reps, and Warranties

Event Detail
May 11, 2017

Michael Calandra presented at this event hosted by Strafford.

The panel reviewed these and other key issues:

  • What is a warehouse line of credit and how is it documented?
  • How is the security interest of the buyer/lender documented and perfected under the Financing Agreement and the custodial agreement?
  • What are the standard eligibility criteria and representations and warranties required of the loan seller, and are they negotiable?
  • How are mortgage loan repurchase obligations and other remedies triggered and enforced under the Financing Agreement?
  • How is the Financing Agreement treated in a bankruptcy of the seller/borrower? What about a third-party mortgage loan subservicer?

The live 90-minute video can be viewed here.

Media Contacts
Nicholas Clarke
Senior Communications Manager
Phone: 212.210.1222
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