Alston & Bird has been recognized as a leader in structured finance and securitization by Asset-Backed Alert.
In its 2018 law firm league tables, Asset-Backed Alert ranked Alston & Bird among the top counsel for both issuers and underwriters of asset-backed and mortgage-backed securities.
As highlighted in the report, Alston & Bird ranked No. 10 as counsel to issuers in 13 deals – more than double the number for 2017. The firm also ranked No. 20 among counsel to deal underwriters.
Among the companies represented by Alston & Bird in 2018 were Bank of America as initial purchaser in a securitization of residential mortgage loans that were investor properties, TIAA Bank as sponsor and issuer in a $381.5 million securitization of jumbo prime residential mortgage loans, and Regional Management Corp. as issuer in a private offering of $150 million of asset-backed notes secured by large loan receivables.