Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 33 million active accounts and more than 20 million mobile active users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange (updated July 18, 2016).

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays purpose is to help people achieve their ambitions in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com. 
 

BNP Paribas (www.bnpparibas.com) has a presence in 74countries with nearly 185,000 employees, including more than 135,000 in Europe.It ranks highly in its three core activities: Retail Banking, InvestmentSolutions and Corporate &  Investment Banking. In Europe, the Group has four domestic markets (Belgium,  France, Italy and Luxembourg)  and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model  across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies. As an integrated bank, Credit Suisse is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 47,690 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

DBRS is a recognized, international rating agency, providing timely and comprehensive rating opinions to the world's capital markets. DBRS's extensive coverage of structured finance and securitization has solidified its standing as a leading provider of comprehensive, in-depth credit analysis. Privately owned and independent, DBRS also offers in-depth credit opinion related to corporate, financial institutions and government issues in North America, Europe, Asia and Latin America. DBRS is headquartered in Toronto with offices in New York, Chicago and London.
For more information, please visit http://www.dbrs.com

Through a network of securitization specialists encompassing more than 40 countries, Deloitte, in the U.S. and globally through the member firms of Deloitte Touche Tohmatsu limited, has one of the largest groups of dedicated accountant, advisory and technology professionals in the world. Deloittes specialists have the industry experience and know-how to serve clients throughout the securitization life cycle from origination, pooling, and capital raising to servicing, reporting, and operations support. Deloitte appreciates that securitization is a highly complex and intricate process which affects all parts of your business. Our interdisciplinary approach in addressing the complexities of these subjects enables us to offer tailored services that apply to the specific conditions for, and directions of, each client. Working closely with you, and your other advisors, we are able to gain an understanding of your needs and your objectives from both a structural and business perspective. Deloitte is then able to help you shape the most appropriate innovation solutions to help address the administration, accounting, compliance, and surveillance demands of today's market. Understanding our clients' needs and responding to them quickly, with consistent, knowledgeable advice and strategic ideas is the cornerstone of our client service philosophy. It has made Deloitte a leading global provider of accounting related services to the securitization industry.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations.

Deutsche Bank is a leading global investment bank offering unparalleled financial services throughout the world. Deutsche Bank's Structured Finance group is a fully integrated, global unit providing global securitization services through teams based in New York and London. Combining an ability to commit capital with an integrated approach to the debt and equity needs of issuers and investors, the group provides a full range of securitization products and services to financial institutions, pension and asset management funds, corporations and government entities. Deutsche Bank offers banking and origination, new issue syndicate, secondary trading, analytics and illiquid asset trading in one fully integrated securitization platform. From flow asset markets such as credit cards and auto loans, to less-traditional assets, Deutsche Bank's innovative approach to its business is evidenced across all asset classes. Institutional Cash & Securities Services at Deutsche Bank, part of Global Transaction Banking, is one of the largest providers of trust, agency and administrative services to the capital markets globally. The team has earned a reputation for handling the most complex and innovative securitizations in the market, and operates ‘at arm’s length’ from all investment banking and lending businesses in the Deutsche Bank group. This expertise has been recognized in Asset Backed Alert where Deutsche Bank was ranked as the No. 1 Trustee for US ABS and MBS in 2014, 2013 and 2012.

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating
through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; BMI Research, an independent provider of country risk and industry analysis specializing in emerging and frontier markets; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in Londonand New York, Fitch Group is majority owned by Hearst.

For additional information, please visit fitchratings.com.

Jefferies, the global investment banking firm, has served companies and investors for over 50 years. Headquartered in New York, with offices in over 30 cities around the world, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, as well as wealth management. The firm provides research and execution services in equity, fixed income, and foreign exchange markets, as well as a full range of investment banking services including underwriting, mergers and acquisitions, restructuring and recapitalization, and other advisory services, with all businesses operating in the Americas, Europe and Asia.Jefferies Group LLC is a wholly-owned subsidiary of Leucadia National Corporation (NYSE: LUK), a diversified holding company. Jefferies Group LLCs principal operating subsidiaries are Jefferies LLC in the U.S., Jefferies International Limited in Europe and Jefferies Hong Kong Limited in Asia. Jefferies International Limited is authorized and regulated in the United Kingdom by the Financial Conduct Authority.

J.P. Morgan is a part of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. J.P. Morgan is a leader in wholesale financial services, offering intelligent solutions across one of the most comprehensive product platforms available. We keep client objectives foremost in our minds, fostering long-term relationships. This combination of product strength, intellectual capital and character sets us apart as an industry leader. J.P. Morgan businesses include: Investment Bank Asset Management Private Banking Commercial Banking Securities Services Treasury Services A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan, Chase, and WaMu brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. With professionals in offices throughout the US, Canada, Mexico, Brazil and Chile, Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Learn more at mizuhoamericas.com.
 
Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services including private banking and venture capital through its subsidiaries. The group has over 900 offices and 56,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA, and Asia. At the end of 2015, its total assets were $1.8 trillion.

Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. Both organizations are supported by Moody's Shared Services.

Morgan Lewis's structured transactions practice is a recognized leader in the global structured finance industry, with lawyers working from the United States, Europe, Asia, and the Middle East. Our clients, both issuers and underwriters, are among the most highly respected global financial services institutions. Simply put, our practice has no borders. We are key players in the structured markets and have been since their inception. We understand the evolution of structures because we were involved in many of the industry's key firsts. And we are on top of the quickly changing regulatory landscape. We wrote the books that lawyers rely on: Offerings of Asset-Backed Securities and The Federal Law of Asset-Backed Securities: The Offering Process and Periodic Reporting We represent issuers and underwriters and advise banks, hedge funds, captive auto finance companies, private equity funds, asset managers, specialty finance companies, and mortgage servicing companies. Our lawyers work closely with clients to execute structured deals that involve a wide range of financial assets, and we design and execute continuous offering programs. Morgan Lewis has nearly 2,000 lawyers operating from 28 offices in the United States, Europe, Asia, and the Middle East. We provide capabilities across a comprehensive spectrum of services and industries, touching on virtually every aspect of corporate, financial, and asset management operations.

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups with total assets of approximately $2.6 trillion*. MUFG is headquartered in Tokyo and has a global network that includes 2,200 offices in about 50 countries. With over 140,000 employees, MUFG provides access to commercial banking, trust banking, securities, credit cards, consumer banking and finance, asset management, leasing, and other services.
One name is all you need to know to access our corporate and investment banking and securities services. MUFG’s operating companies include Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corporation and Mitsubishi UFJ Securities Holdings Co., Ltd. With each member of the group working in partnership with one another, MUFG provides best in class service and products to corporate and institutional clients.

* Exchange rate of USD 1 = ¥112.68 (J_GAAP) as of March 31st, 2016.
 

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East and West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. Nomura's subsidiaries in the US include Nomura Securities International, Inc. (a member of SIPC) and Nomura Corporate Research and Asset Management Inc. For further information about Nomura, please visit www.nomura.com

S&P Global provides intelligence that is essential for companies, governments and individuals to make decisions with conviction. We were the first to establish core economic benchmarks, and our breadth of coverage across global credit, debt, equity, and commodity markets is unrivaled. The data and clarity we bring to complex systems has made us essential to how world financial systems operate. Every index, every rating, every price assessment, every analytic model and valuation is an opportunity to strengthen our commitment to transparency, integrity, and excellence. 

 

SMBC Nikko Securities America, Inc. ("SMBC Nikko") is a FINRA member and the U.S. registered broker-dealer subsidiary of Sumitomo Mitsui Financial Group ("SMFG"). SMBC Nikko is based in New York and provides a wide range of financial products and services to global institutional and corporate clients through its equity, fixed income and structured finance teams, focusing primarily on the Americas. With a strong capital base and consistent financial performance, SMBC Nikko is strategically focused on continuing to grow its presence. SMFG is one of the worlds largest global financial institutions operating through Sumitomo Mitsui Banking Corporation, its principal subsidiary and SMBC Nikko. SMFG group companies provide various banking-related financial products and services, including leasing, securities, and consumer finance, as well as system development and information processing. SMFG is expanding its business from both a geographic and product offering perspective. For further information about SMBC Nikko America, please visit http://www.smbcnikko-si.com.

Societe Generale is one of the largest European financial services groups. Based on a diversified universal banking model, the Group combines financial solidity with a strategy of sustainable growth, and aims to be the reference for relationship banking, recognised on its markets, close to clients, chosen for the quality and commitment of its teams.
 
At the core of Societe Generale’s universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with nearly 12,000 professionals present in 37 countries across Europe, the Americas and Asia-Pacific.  Standing by its clients across sectors, the Corporate & Investment Bank offers bespoke financial solutions combining innovation, advisory services and high execution quality in four areas of expertise: investment banking, financing, market activities and investor services.
 
For Corporates, Financial Institutions, Sovereigns and the Public Sector: strategic advice on their development (M&A, debt, capital structure, and asset & liability management), as well as capital market access to finance this development and hedge their risks notably in the realm of foreign exchange and rates.
 
For Investors: offering reliable and sound investment opportunities and risk management solutions through its integrated platform delivering comprehensive access to markets (fixed income, credit, foreign exchange, commodity markets, equity, and derivatives), as well as advice and financial engineering, quality of execution, forward-looking research, and an industry-leading clearing proposition & prime brokerage services.
 
For more information, visit www.cib.societegenerale.com.

Headquartered in Toronto, Canada, with more than 85,000 employees in offices around the world, The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD offers a full range of financial products and services to approximately 22 million customers worldwide through three key business lines:
- Canadian Retail including TD Canada Trust, TD Commercial Banking, TD Auto Finance (Canada), TD Wealth (Canada) and TD Insurance
- U.S. Retail including TD Bank, Americas Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TDs investment in TD Ameritrade
- Wholesale Banking including TD Securities
As a leading corporate and investment bank, TD Securities provides a wide range of capital market products and services to corporations, governments and institutions. Our clients choose us for our knowledge, innovation and experience in the following key areas of finance: investment, corporate and government banking, capital markets, interest rate, currency and derivative products.
TD Securities works with clients around the world, and our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs.

Wells Fargo Securities delivers a comprehensive set of capital markets products and services to customers, including originating and distributing public debt and equity, hedging interest rates, commodity and equity risks, advising on mergers and acquisitions, and originating structured lending facilities and municipal bonds. The institutional broker dealer is comprised of more than 3400 team members in 40+ offices across the United States, Europe and Asia. Wells Fargo is the premier provider of corporate trust services to the capital markets, serving the needs of investors, bondholders, and lenders. We offer trustee, agency, fiduciary, escrow, and other financial services to private corporations and government entities globally. We can administer a wide array of assets and types of programs, including ABS, RMBS, CMBS, CLO securities and their underlying collateral, lease, fund services, Delaware statutory trusts, and various warehouse and conduit programs. Our offices are conveniently located across the U.S. and internationally.

Amherst Pierpont Securities was formed in 2014 through the merger of Amherst Securities (founded in 1993) and Pierpont Securities (found in 2009). The combination brings together Amherst's unparalleled leadership in mortgage-related securities and securitized products with Pierponts strength in liquid products and scalable infrastructure. Amherst Pierpont employs approximately 200 Fixed Income professionals with vast industry experience and the expertise to help clients succeed in todays markets. As a well capitalized, independent Broker dealer, we have the breadth, scale, flexibility and knowledge to match client challenges with smart solutions. We will continue to utilize the firm's capital to make active markets and provide liquidity across Structured products, Investment grade credit, U.S. Governments and the Federal Agency product sets; with the breadth to meet the fixed income needs of medium and large-scale institutional investors.

Barings is a $284+billion*global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative solutions and uncompromising service. A member of the MassMutual Financial Group, Barings maintains a strong global presence with over 600 investment professionals and offices in 17 countries. Babson Capital Management LLC, its subsidiaries Cornerstone Real Estate Advisers LLC and Wood Creek Capital Management, LLC, and Baring Asset Management Limited are now operating as a unified company under the Barings name.

*As of September 30, 2016.

BMO Capital Markets is a leading, full-service North American-based financial services provider, with approximately 2,200 professionals in 30 locations around the world, including 16 offices North America, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services.  BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$525 billion total assets and more than 47,000 employees as at April 30, 2015. The BMO Capital Market Securitization Group is a recognized leader in structuring, managing, distributing, and investing in highly structured ABS transactions. Our team of securitization professionals applies advanced securitization technology across a broad spectrum of asset types and investor markets.
For more information, visit www.bmocm.com or contact Bart Steenbergen at 312.461.7513 or Matt Peters at 312.461.3416

BNY Mellon is the premier provider of corporate trust services to the debt capital markets, providing customized and market-driven solutions to investors, bondholders and lenders. As of September 30, 2016, BNY Mellon Corporate Trust served as trustee and/or paying agent on more than 57,000 debt-related issues globally. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services including trustee, paying agency, fiduciary, escrow, and other financial services. The business administers a wide array of assets and types of programs to multinational corporations, financial institutions, governments and their agencies, and the banking, securities, and insurance industries.

Cadwalader, Wickersham & Taft LLP, founded in downtown New York in 1792, is proud of more than 200 years of service to global financial institutions and corporations. With more than 400 attorneys practicing in New York, London, Charlotte, Washington and Brussels, we offer clients innovative solutions to legal and financial issues in a wide range of areas. As a longstanding leader in the securitization and structured finance markets, the Cadwalader team features lawyers with a broad range of experience in corporate, securities, tax, ERISA, bankruptcy, real estate and contract law. Consistently recognized by independent commentators and in the league table rankings, our attorneys provide clients unparalleled insight regarding asset-backed and mortgage-backed securitization, derivatives, securitized, and structured products, collateralized loan obligations, synthetic securities, swap and repo receivables, redundant insurance reserves, and other financial assets. Whether acting as issuers, underwriters or in other roles, investment and commercial banks, insurance companies, and other financial institutions call upon us to help develop new products and structures, to coordinate complex securitizations, to devise cross-border structures, and to assist in managing the risks related to subperforming securitized loans and troubled financial products. For more information please visit www.cadwalader.com.

A top 10 U.S. Bank, Capital One has over $306 billion in total assets and offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One strives to become a trusted advisor to its clients in the specialty finance and asset management market with a team of experienced professionals cognizant of the unique challenges and opportunities facing business today. The Asset-Backed Finance Group understands the nuances of financial asset-backed transactions and has experience arranging and providing billions in debt capital structured as recourse and non-recourse financings.
Our team delivers creative, customized and responsive solutions to clients looking to finance core needs, platform acquisitions, receivables warehousing and everything in between. In addition, when you work with Capital One, you can leverage our suite of other proven products and services. Harness the strength and stability of Capital One with financing solutions tailored to drive results.

International law firm Clifford Chance combines the highest global standards with local expertise. The firm focuses on the core areas of commercial activity: capital markets; corporate and M&A; finance and banking; real estate; tax, pensions and employment; and litigation and dispute resolution. Through a strong understanding of clients’ cultures and objectives, Clifford Chance draws on the full breadth of its legal skills to provide results-driven, commercial advice. Clifford Chance has more leading global practices than any other firm and for the third year in succession, Clifford Chance has been named the number one law firm in the Chambers Global Top 30 (Chambers Global 2016).

Dentons is the world's largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons' polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.  www.dentons.com

Fannie Mae is a leading source of residential mortgage credit in the U.S. secondary market and is helping to build a sustainable housing finance system. We exist to provide reliable, large-scale access to affordable mortgage credit across the country at all times so people can buy, refinance, or rent homes.  Our capital markets activities provide significant liquidity to the mortgage market, attracting investors across the globe. We help make possible long-term fixed-rate mortgages like the popular 30-year, fixed-rate mortgage, which provides homeowners with stable, predictable mortgage payments over the life of the loan. Our tools and resources help homebuyers, homeowners, and renters understand their housing options and help investors have confidence in the capital markets products we offer to the marketplace. We are committed to being our customers' most valued housing partner and delivering the products, services, and tools our customers need to serve the entire market efficiently and confidently.

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, Los Angeles, and San Francisco. For more information, please contact us at GSinfo@GuggenheimPartners.com or 212.518.9200.

HSBC Holdings plc serves over 100 million customers worldwide through some 9,500 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC is one of the world's largest banking and financial services organisations. HSBC Global Banking and Markets is an emerging markets-led and financing-focused business that provides tailored financial solutions to major government, corporate and institutional clients worldwide. Global Banking and Markets has offices in more than 60 countries and territories. Managed as a global business, HSBC offers clients geographic reach and deep local knowledge. For more information on Global Banking and Markets, please visit www.hsbcnet.com. Structured Finance Group HSBC's securitisation business provides clients with a range of structured finance solutions across asset classes and jurisdictions. The team works to assist FIG and corporate clients in identifying opportunities to raise finance through securitisation either through the markets, central banks or through bank balance sheet financing, as well as providing debt finance advisory services. Structured Finance teams are located in London, Madrid, Paris, Milan, New York, Hong Kong, Singapore and Sydney, providing truly global coverage.

Intex is the leading one-stop provider of cashflow models and analytics for the global structured finance industry.  Intex has accurately modeled and maintains over 30,000 RMBS, ABS, CMBS and CLO deals issued in the US, Europe, China, Australia, Japan and elsewhere, representing close to 100% coverage across all these asset sectors and regions.  Intex is relied upon by many hundreds of arrangers, investors, issuers and other major market participants who see an advantage in the completeness, accuracy and timeliness of Intex's models and updates in support of trading, portfolio management and risk management applications.  Intex's applications include INTEXcalc for single-security and portfolio analysis and cashflow stress-testing, the INTEX Subroutine API for system builders, and INTEX DealMaker for structuring new deals.  Intex is an independent, objective and privately-held company with offices in Massachusetts, London and Shanghai.  Visit our website at www.intex.com.

Katten Muchin Rosenman LLP is a full-service law firm providing counsel throughout the United States and in London and Shanghai. With more than 600 lawyers in major financial and commercial centers, the firm represents national and global corporations, financial institutions and government agencies in their most complex legal matters. Katten's Structured Finance, Structured Products and Securitization practices are highly diverse, cover a wide range of clients and asset classes and involve some of the most innovative structures in the marketplace. The Structured Finance group regularly represents issuers, underwriters, placement agents, collateral managers, investors, swap counterparties, servicers, lenders, borrowers and commercial paper program sponsors. Our lawyers regularly provide advice on a variety of domestic and cross-border securitizations, involving registered public offerings, Rule 144A and Regulation S offerings, Euromarket offerings, commercial paper conduit placements, bank syndications and traditional institutional private placements. Lawyers in the Structured Finance group are supported by the firm's extensive network of tax, ERISA and bankruptcy attorneys. Katten's lawyers advise a number of investment banks and financial institutions in the most complex structured finance transactions. These include securitization, secured senior and mezzanine lending, public finance, setting up issuing platforms for structured products and investment funds, and public and private offerings of a wide range of structured products, including equity-linked bonds, structured bonds, fixed-income products, and fund-linked and commodity-linked securities.

The KPMG LLP (KPMG) Securitization Practice provides services across the full securitization life cycle from pre-issuance to post closing services including: deal execution, portfolio compliance, tax reporting and compliance, regulatory compliance and reporting, accounting and valuation services.

Our practice has over 25 years of experience serving a wide array of clients including the largest investment banks, GSEs and issuers in the securitization market. KPMG’s Securitization Practice stands ready to deliver enhanced services to meet your securitization needs.
 

Lloyds Bank Commercial Banking is part of Lloyds Banking Group, one of the UK's largest retail and commercial banks, with more than 30 million clients and customers worldwide. We provide expert financial services to businesses ranging from medium-sized firms to global corporations and financial institutions. As experts in Capital and Financial Markets, the wide range of services and innovative solutions we deliver includes trading ABS and structured products, as well as access to long-term funding, liability management, capital advisory and risk management solutions.

Mayer Brown is one of the world's leading law firms for securitization. With over 100 securitization lawyers across the Americas, Europe and Asia, we offer experienced teams across a broad range of vehicles and asset classes. We are one of a handful of international law firms that have securitized virtually every asset type that can be securitized. We regularly represent commercial banks, investment banks, issuers, credit enhancers, liquidity providers, trustees, servicers, underwriters, placement agents and other transaction parties in jurisdictions around the world. Many securitization transactions that are commonplace today were first initiated by members of our firm. One of the key benefits that we provide our clients is the knowledge and know-how derived from being extremely well-connected and active across the industry. The breadth of our client base, the volume of securitization transactions we handle, the extensive representation of, and service as officers of, securitization trade associations, and our extensive communication with regulators on a day-to-day basis together generate a unique depth of institutional and market knowledge, which we give back to the marketplace.

Morningstar Credit Ratings, LLC is a nationally recognized statistical rating organization (NRSRO) that has earned a reputation for innovation and excellence. Our goal is to help institutional investors identify and understand credit risk. Our analytical approach stresses transparency of the ratings process, strong fundamental credit analysis, and comprehensive investor-focused reporting that provides a concise Morningstar perspective on credit risk.

Our ratings business currently covers commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), single-family rental securities (SFR), asset-backed securities (ABS) and corporate and financial institution ratings.
 
Our Mission
Morningstar’s mission is to create great products that help investors. We accomplish this by providing unbiased and trustworthy credit ratings and credit risk analysis.

How We Help Investors
Morningstar’s credit analysis helps investors make better-informed investment decisions. Our analysis is based on a thorough understanding of critical risk factors which allows our analysts to develop clear and concise opinions that focus investors on the credit risks that truly matter.

What We Provide Investors
Our knowledgeable analytical staff, investor relations team, and business development staff provides investors and issuers with comprehensive credit analysis, unprecedented responsiveness, and the highest level of customer service. We also provide investors with access to research and surveillance services, data, and technology solutions.

Morningstar Credit Ratings, LLC is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. With more than $350 billion of assets, PNC serves the needs of corporate and institutional clients through offices across the United States, in Canada and the United Kingdom. PNC ranks as one of the top treasury management providers and a top five arranger of traditional middle market loan syndications in the United States, and PNC's investment bank, Harris Williams, is a leading M&A advisory firm for middle market. PNC is recognized as trusted-advisor and thought leader in the securitization market with a focus on providing client securitization-financing solutions and driving broad industry advocacy efforts.

PwC's Financial Markets practice is a global network of teams consisting of more than 400 financial products specialists operating in more than a dozen cities across the U.S. and several key locations throughout the world.
The Financial Markets practice interacts and has built lasting relationships with key stakeholders in the financial services and corporate industries. This, coupled with their ongoing conversations with regulators, makes the Financial Markets practice uniquely positioned to work with clients to deliver sustainable solutions, whether that be in the regulated or non-regulated space.
Regulation, or a lack of, is the driving force of discussions throughout boardrooms across the world. The Financial Markets practice is working with their clients to understand how to manage the requirements of numerous regulations, as well as helping to implement effective plans to restructure businesses to meet these new needs on an ongoing basis. For non-regulated entities, the Financial Markets practice is working with clients to help them take full advantage of the opportunities within the market.
The Financial Markets practice is comprised of subject matter specialists on virtually all asset classes, including:

• Residential and commercial mortgages
• Auto loans and leases
• Credit cards
• Student loans
• Derivatives
• Commercial loans and bonds
• Debt and equity securities

• Model governance and validation
• Accounting advisory
• End-to-end transaction support and valuation
• Business processes and controls
• Tax and treasury
• Capital funding strategies

Sidley Austin LLP is a premier law firm with a practice highly attuned to the ever-changing international landscape.  The firm has built a reputation for being an adviser for global business, with more than 1,900 lawyers in 20 offices worldwide.  Sidley maintains a commitment to providing quality legal services and to offering advice in litigation, transactional and regulatory matters spanning virtually every area of law.  The firm's lawyers have wide-reaching legal backgrounds and are dedicated to teamwork, collaboration and superior client service. 

SunTrust Robinson Humphrey, the full-service corporate and investment banking arm of SunTrust Banks, Inc., provides comprehensive capital raising, strategic advisory, risk management, and investment solutions to public and private corporate clients across the nation - from emerging growth to the Fortune 500. It offers a complete array of solutions for companies across all industries, with in-depth industry expertise and dedicated corporate and investment banking practices across eight core sectors, including consumer and retail, energy and power, financial services, healthcare, industrials, media and communications, real estate, and technology and services. Learn more at Suntrustrh.com.

U.S. Bank Global Corporate Trust Services is a leading provider of corporate trust services in the United States and Europe, serving private and public companies, government and tax-exempt entities, and financial services companies. We operate a network of 54 domestic offices and two international locations in London and Dublin. The foundation of our business model is supported by the strength and stability of the fifth largest commercial bank in the United States and our culture is centered on ethical business practices. With vast resources and years of experience, we provide expert guidance to help our clients achieve success.

Our Global Capital Markets business has an international client base, covering more than 90 countries, with office locations in the world's key jurisdictions. We help clients succeed with corporate trust issuance and services related to the recordkeeping of issuances. We have expertise in providing trust services for capital markets financing structures. With a corporate history dating back to the founding of Wilmington Trust Company by T. Coleman duPont in 1903, Wilmington Trust has been serving institutional clients for generations. We bring a unique blend of knowledge, experience, and resources to every relationship that we serve, offering a high caliber of service from a team of globally recognized experts. We are proud to be part of the M&T corporate family, one of the most financially sound and successful companies in the US financial services industry. M&T Bank Corporation is one of the 20 largest US headquartered commercial bank holding companies, with assets of $97.2 billion (as of December 31, 2014) and over 725 branches. Banking clients count on M&T Bank 'MTB' because, more than 150 years after being founded, MTB is considered one of the best performing regional banks in the nation today. With a longstanding tradition of careful, conservative, and consistent management, MTB has generated positive earnings and positive capital - and continues to grow with a focus on the future. Wilmington Trust staff stands ready to help corporate professionals succeed in their businesses. We accomplish this with expertise and collaboration, just two among many qualities for which we are renowned. For more information, go to www.wilmingtontrust.com.

With vast quantities of data and rapidly evolving market conditions, analyzing mortgage data is one of the most critical and challenging tasks facing financial services firms. Given the dynamic nature of the market, it has become imperative for market participants to more critically analyze the terms and payment patterns of loans that underlie securities and the credit health of the borrowers. Without granular analysis of current and historical data, companies cannot manage risk and capitalize on latent opportunities. 1010data provides mortgage and asset-backed securities participants with the industry's most comprehensive data analytics and ad-hoc query tools needed to rapidly analyze billions of rows of loan and deal level data.

Allen & Overy is at the heart of the world's banking and financial markets. With some 470 lawyers, including more than 75 partners, our International Capital Markets (ICM) practice is among the largest of any law firm. Few practices can match our top tier position across the full range of financial products and match our consistency in being ranked in first place by league tables for the volume and the value of our deals. We are known globally for industry-leading "first-of-a-kind" transactions and, as a result, have been instrumental in nearly all of the major developments in the modern financial markets, starting with the first ever eurobond issue in the 1960s.

The Alston & Bird finance practice is uniquely structured, centered on a lending core and bolstered by niche specialty areas, including corporate trust, commercial mortgage servicing and structured finance. We provide clients with “cradle-to-grave” expertise—because we put deals together, we know the best way to take them apart. Alston's Finance team represents the most active issuers, originators, servicers, trustees, master servicers, fund managers, investors, rating agencies and insurers. We have extensive experience in structuring and closing transactions with complex structures in a wide variety of asset classes.

Andrew Davidson & Co., Inc. is the leading provider of risk analytics and consulting for residential loans and MBS. We develop and license prepayment and credit models as well as risk measurement tools that are the benchmark analytics used by top mortgage and commercial banks, insurers, credit unions, broker-dealers and money management firms. With our unique blend of investment expertise and cutting edge quantitative methods, we produce highly advanced models and the most innovative solutions to mortgage investment challenges.

With nearly 1,000 lawyers practicing in 13 offices around the globe, Arnold & Porter Kaye Scholer LLP serves clients across 40 distinct practice areas. The combined firm, which draws upon the legacies of both Arnold & Porter and Kaye Scholer, brings together 100 years of renowned regulatory expertise, sophisticated litigation and transactional practices, and leading multidisciplinary offerings in the life sciences and financial services industries.

Our Structured Finance practice, regularly recognized as a leader in Chambers USA and Chambers Global, brings together a team of finance lawyers from our New York, Chicago, London and Frankfurt offices, with extensive experience in structured products, asset securitization transactions, and the related fields of bankruptcy, tax, securities, regulatory matters, real estate and certain specialized industries. We represent leading global financial institutions, hedge funds, private equity funds, pension funds, and Fortune 500 companies in a broad range of areas, including public and private ABS, RMBS, residential mortgage warehousing, CMBS, marketplace loan securitization, operating asset securitization (aircraft and railcar), CLOs and corporate structured credit, commercial paper conduits, esoteric asset securitization, trade and supply chain finance, structured asset funds, distressed asset sales, whole business securitization, warehouse facilities and derivatives. Our clients rely on us to handle their most complex and groundbreaking structured finance transactions, including securitization restructurings, bankruptcies and private sales of large pools of distressed assets and securities.

Ashurst is a leading international law firm advising corporations, financial institutions and governments. With over 400 partners and 1,600 lawyers worldwide, we offer the international insight of a global network combined with local market knowledge. With 25 offices in 15 countries, we are able to offer specialist advice across a range of securitized products across the globe. We are uniquely placed to offer an integrated service in securitization and securitization restructurings, drawing on the strengths of our network and other market-leading tax, regulatory and restructuring groups. Products we cover include CLOs, whole business securitization, consumer finance securitization, mortgage-backed securities, receivables based financings, and repackaging (in each case, using synthetic and funded structures). We also have extensive derivatives experience, including bespoke credit and equity derivatives transactions, and working with distressed securitizations. Our market-leading CLO practice regularly advises arrangers and collateral managers on CLO deals. We also routinely advise banks and other clients on current legal and structuring issues resulting from recent U.S. and non-U.S. regulatory changes and the market disruption of the last several years. Our CLO practice is fully integrated with our credit derivatives practice, making it a natural choice for synthetic CLOs and hybrid transactions. In addition, our stand-alone asset transfer unit offers an unparalleled streamlined CLO loan transfer service, coordinating transfer, tax and regulatory issues arising in all relevant jurisdictions. For more information, please visit our website at www.ashurst.com.

Assured Guaranty, the leading provider of municipal bond insurance and other financial guarantees, has protected investors and helped reduce the financing cost of municipal infrastructure and structured finance transactions for three decades. It guarantees timely payment of principal and interest through three subsidiaries: Assured Guaranty Municipal (AGM), which issues new policies only in public and infrastructure finance; Municipal Assurance Corp. (MAC), which provides insurance only in select sectors of the U.S. municipal bond market; and Assured Guaranty Corp. (AGC), a diversified financial guarantor. Financial guaranty insurance from these companies creates greater security and market liquidity for investors, who prize not only the unconditional and irrevocable promise of payment but also Assured Guarantys credit underwriting, negotiated terms, surveillance and, if necessary, remediation of bonds it insures. As a result, the guarantees make small, medium and large financings more cost-efficient for issuers. The group's holding company, Assured Guaranty Ltd., is listed on the New York Stock Exchange (ticker symbol AGO) and is held to the transparency standards of both the exchange and U.S. securities law. Learn more at AssuredGuaranty.com.

The Australian Securitisation Forum (ASF) was formed in 1989 to promote the development of securitisation in Australia. It is the peak industry body representing participants in the securitisation market which include major banks, smaller Authorised Deposit-taking Institutions, non-bank issuers, fixed income investors and service providers to the sector.
The ASF performs a pivotal role in promoting and representing the industry to government, regulators, the public, investors and others who have an interest or potential interest both in Australia and overseas, regarding the benefits of securitisation in Australia and aspects of the securitisation industry.
The ASF offers a unique opportunity for its members to participate meaningfully, with a diverse range of professional colleagues and peers, in shaping the future of securitisation and enhancing its role as a vital sector of Australia's capital markets.

Black Knight Financial Services, (NYSE:BKFS), is a leading provider of integrated technology, services and data that facilitate and automate many of the business processes across the mortgage lifecycle. Black Knight’s offerings include a comprehensive and highly accurate mortgage performance database as well as a leading mortgage behavioral model used to value MSRs. Black Knight delivers best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership to effectively support the trading, risk, research, and compliance functions within the capital markets.

Brean Capital is an independent investment bank and asset management firm. We focus on delivering high-quality investment ideas and investment banking services to institutional investors and corporate clients. Our services include equity research, corporate finance and advisory investment banking, equity institutional sales and trading, and asset management. Our fixed income business provides sales, trading, research and banking services on a wide range of mortgage and asset-backed, US Treasury and government agency securities, structured products, corporate bonds, and municipal debt.

Cantor Fitzgerald, a leading global financial services group at the forefront of financial and technological innovation has been a proven and resilient leader for over 65 years. Cantor is a preeminent investment bank serving more than 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, and commercial real estate finance and for its global distribution platform. Cantor Fitzgerald & Co. is one of 22 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgeralds 1,600 employees serve clients through 35 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.

CapitalSource, a division of Pacific Western Bank, provides senior loans to consumer and commercial finance companies including marketplace lenders and loan acquirers, merchant cash advance companies, small business finance providers, and entities operating in a wide variety of other asset classes. Their loans range from $5-$75 million. Pacific Western Bank, a Los Angeles-based commercial bank has $21 billion in assets and 79 full-service branches located throughout the state of California. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit www.capitalsource.com.

CIBC (CM: TSX, NYSE) is a leading Canadian-based financial institution with a market capitalization of $40 billion and a Basel III Common Equity Tier 1 capital ratio of 11.3%. Through our three major business units – Retail and Business Banking, Wealth Management and Capital Markets – our more than 43,000 employees provide a full range of financial products and services to 11 million individual, small business, commercial, corporate and institutional clients in Canada, the U.S. and around the world.

CIBC’s Capital Markets business provides integrated global markets products and services, investment banking advisory and execution, corporate banking and top-ranked research to corporate, government and institutional clients in key markets globally.

www.cibccm.com

Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN), provides risk-based analytics, residential loan due diligence, consulting, surveillance and staffing solutions. The company's subsidiaries include: Green River Capital, customized REO asset management and single-family rental services; Red Bell Real Estate, advanced AVMs, BPOs and technology to acquire and track performance of loan portfolios and NPLs; ValuAmerica, national title and appraisal management company and vendor management technology provider; and Clayton Euro Risk, global services. For more information, call 877.291.5301 or visit www.clayton.com.

CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built one of the largest And most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The Company, headquartered in Irvine, Calif., has approximately 5,000 employees globally. For more information, visit www.corelogic.com.

Cortland Capital Market Services LLC is a leading independent investment servicing company providing leveraged loan services: loan administration, reporting, trade settlement, material non-public information (MNPI) firewall administrative agency and successor agency services. For CLO managers we add compliance and waterfall modeling including ongoing running of the model. Cortland also provides fund administration, commercial bank loan servicing, securitization services, escrow, cash management and middle/back-office support to financial institutions including commercial and investment banks, broker/dealers, fund complexes and asset managers. Combining experienced professionals and proven process technology, Cortland offers the suite of services to run our clients day-to-day business. Headquartered in Chicago, Illinois, Cortland has offices in Southern California, New York and London. Visit us at www.cortlandglobal.com.

Dechert's Securitization team handles large, complex securitization and structured finance transactions across the full range of asset classes and securitization structures: collateralized loan obligation transactions and in offerings of both traditional (such as auto, credit card and trade receivables) and esoteric asset-backed securities; CMBS, RMBS, Re-REMICs, NPLs and other alternate securitized structures involving commercial real estate and residential mortgages; acquisition, structuring, financing, sale and syndication or securitization of large complex loans; and the purchase, sale and financing of loan pools. Our U.S., UK and European team members work closely with our tax, securities, ERISA, environmental, real estate, regulatory and restructuring lawyers around the world to provide clients with full service on all aspects of their transactions. Dechert ranked Tier 1 for Structured Finance & Securitization by the U.S. News and World Report in 2014 and was named Best Securitization Law Firm of the Year at the 2015 GlobalCapital Securitization Awards.www.dechert.com.

eOriginal’s eAsset^® Management Technology Solution provides lenders, originators and investors in the Structured Finance space a proven, mature, ratings agency accepted digital technology solution recognized as the industry standard for the secure management of electronic assets. For over 20 years, eOriginal has given investors and third parties 100 percent visibility into asset level data and provided the maintenance, control and use of critical documents that have intrinsic value.

For institutional investors, hedge funds and private equity firms purchasing tranches of alternative assets, there’s a critical need for transparency and a level of reps and warranties from digital lending platforms. eOriginal delivers unprecedented transparency into the assets being purchased, their legal chain of custody, and full-set audit trail and meta data.

eOriginal is often sought to shape standards and policy, and gives businesses the ability to verify, and secure, legally compliant and enforceable electronic asset documentation.
 

Equifax empowers businesses and consumers with information they can trust. As a global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers. Major players in the mortgage secondary and capital markets are now coming to Equifax for deeper insights into mortgage loan credit risk. Our capabilities start with hard-to-get, uncommon data - such as employment, income, credit, and property valuations. We then combine that data with powerful analytics and risk projection. The result? The unique "forward-looking" risk insight you need in order to manage through this highly sensitive credit environment. For more information, visit us at www.equifax.com/capitalmarkets.

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Improving business performance while managing risk is an increasingly complex business challenge. Whether your focus is on broad business transformation or more specifically on achieving growth, optimizing or protecting your business, having the right advisors on your side can make all the difference. Our 30,000 advisory professionals form one of the broadest global advisory networks of any professional organization, delivering seasoned multidisciplinary teams that work with our clients to deliver a powerful and exceptional client service. We use proven, integrated methodologies to help you solve your most challenging business problems, deliver a strong performance in complex market conditions and build sustainable stakeholder confidence for the longer term. We understand that you need services that are adapted to your industry issues, so we bring our broad sector experience and deep subject matter knowledge to bear in a proactive and objective way. Above all, we are committed to measuring the gains and identifying where your strategy and change initiatives are delivering the value your business needs. EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2,000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. The firm is No. 1 on the 2015 Law360 Most Charitable Firms list, second largest in the U.S. on the 2016 Law360 400, Top 20 on the 2015 Am Law Global 100, and among the 2016 BTI Brand Elite. More information at: www.gtlaw.com.

GreensLedge is a leading independent investment bank that provides tailored advice and solutions to a diverse client base including corporations and financial sponsors worldwide. From our offices in New York, London, Tokyo and Seoul our team of over 45 professionals serve a wide range of clients looking for advice on and assistance with their most important strategic issues. We provide a full array of investment banking services including securitization, public and private debt and equity financing, fund raising, recapitalization, financial restructuring, mergers, acquisitions, corporate valuations, expert financial opinions and corollary analysis and advisory services.

Hogan Lovells provides high quality legal advice to corporations and financial institutions across the full spectrum of their business and legal issues, and we have more than 2,500 lawyers on six continents. Hogan Lovells has broad experience in securitization, with its lawyers having represented issuers and underwriters in public and private transactions. We work on established securitization programs but also work with and understand the needs of new issuers in the market. Our style is commercial, service focused, and friendly. We believe that our commitment to client service and teamwork provides benefits to our clients and enhances effective business relationships.

Holland & Knight's Securitization Team handles every aspect of complex securitization financing transactions, tailoring deals to the specific requirements of each client. We have the knowledge and hands-on experience to assist in both up and down markets throughout the entire life-cycle of financial assets, with a particular emphasis in representing issuers and sponsors who originate or acquire financial assets, as well as collateral managers, servicers and special servicers of such assets. Our strong relationships with major investment banks, rating agencies, trustees and other industry participants brings significant value to our clients. We have closed deals involving numerous international jurisdictions. Notably, our Mexico City team has been a key participant in the formation of the Mexican securitization industry, developing structures that have become the market standard in Mexico. At Holland & Knight, we bring our "A" team to every engagement and avoid overstaffing our deals. You will always have the involvement and attention of a senior attorney. We are committed to providing the quality and creativity your business demands with the high level of service you deserve. Holland & Knight is a global law firm with more than 1,200 lawyers and other professionals in 24 U.S. offices, as well as Bogota, London and Mexico City. Among the largest U.S.-based law firms, Holland & Knight provides representation in litigation, business, real estate and governmental law. Interdisciplinary practice groups and industry-based teams provide clients with access to attorneys throughout the firm, regardless of location. Holland & Knight is one of the top 40 firms recommended for more than 6 years in a row by corporate counsel in BTI Consulting Group's Annual Survey and is also named to the 2017 BTI Client Service A-Team. In the 2016 BTI Litigation Outlook report, Holland & Knight is ranked among the top 10 percent of all law firms in the United States based on feedback from legal decision-makers at the world's largest companies. The firm was identified among those leading the litigation market in the areas of class actions and torts, IP litigation, complex commercial litigation and product liability litigation (December 2016).
 

Houlihan Lokey (NYSE: HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of our commitment to client success across our advisory services. Houlihan Lokey is ranked as the No. 1 M&A advisor for all U.S. transactions, the No. 1 global restructuring advisor, and the No. 1 global M&A fairness opinion advisor over the past 20 years, according to Thomson Reuters.

HUNTON & WILLIAMS LLP, with more than 800 attorneys in 19 offices across the US, Europe and Asia, has one of the nation's leading securitization and structured finance practices. We represent issuers, underwriters, lenders, servicers, trustees, insurers and other participants in securitizations, structured financings and other capital markets transactions. Our clients include some of the most significant private and governmental mortgage- and asset-backed securities market participants, and our lawyers play leadership roles in organizations addressing market and regulatory developments affecting the financial services industry and the capital markets.

Kirkland & Ellis is one of the world's leading law firms, with approximately 1,900 lawyers practicing from twelve offices in Beijing, Chicago, Hong Kong, Houston, London, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C. Our clients and experience cut across every major industry and discipline. Clients across the globe call upon Kirkland to handle their most important and complex corporate, litigation, intellectual property and restructuring matters. In every year since 1995, Kirkland has ranked as one of the most frequently used firms by Fortune 100 companies in the Corporate Counsel survey 'Who Represents America's Biggest Companies'. Kirkland also ranks among the country's top ten corporate law firms in Corporate Board Member magazine's most recent annual 'America's Best Corporate Law Firms' study, a comprehensive ranking by U.S. corporate directors and general counsel.

Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 27 countries. Macquarie employs approximately 13,500 people and has assets under management of more than $377 billion (as of September 30, 2016).
 

Maples and Calder is a leading international law firm advising financial, institutional, business and private clients around the world on the laws of the Cayman Islands, Ireland and the British Virgin Islands. With a reputation as an innovative, entrepreneurial firm, Maples and Calder is known worldwide as a market leader with highly qualified lawyers who are specialists in their respective practice areas. The firm's affiliated organisation, MaplesFS, through its divisions Maples Fund Services, Maples Fiduciary and Maples Private Client Services is an independent global provider of specialised fiduciary, corporate formation, fund administration, trust administration and accounting services. MaplesFS is led by a team of experienced professionals and is committed to providing a high level of service tailored to specific client requirements. With more than 1,400 staff worldwide, the Maples group provides a seamless, one-stop-shop capability through its offices in the Cayman Islands, Boston, the British Virgin Islands, Delaware, Dubai, Dublin, Hong Kong, London, Luxembourg, Montreal, the Netherlands, New York, San Francisco and Singapore.

McCarthy Tetrault has one of the leading structured finance practices in Canada. Our Structured Finance Group creates and implements innovative financing structures that allow our clients to excel in the Canadian and international capital markets. Our securitization practice involves both domestic and cross-border transactions covering numerous asset classes, including auto and equipment loans and leases, residential and commercial mortgages, personal credit lines, trade receivables, credit card receivables and stranded costs. We also have the leading covered bond practice in Canada, representing more issuers on their global covered bond programs than any other Canadian law firm. We understand the complexity inherent in the rapidly evolving field of Canadian and international structured finance, and provide innovative and practical legal solutions created specifically for these specialized transactions. Our established offices across Canada enable us to provide a seamless and comprehensive approach to structured finance matters and our integrated, multi-disciplinary team includes practitioners accomplished in all relevant practice areas, including corporate finance, banking, derivatives, securities, tax and insolvency. Our Structured Finance Group has represented clients in some of the most high-profile structured finance deals in Canada. The Canadian Legal Lexpert Directory and the Guide to the Leading 500 Lawyers in Canada, the primary Canadian legal guides, consistently rank us among the top structured finance practices in the country. In addition, several of our structured finance lawyers receive ongoing recognition as pre-eminent counsel in their fields. Their expertise is acknowledged by listings in Chambers, IFLR 1000, Euromoneys The Best of the Best and Guide to the Worlds Leading Structured Finance Lawyers, as well as the International Whos Who of Securitization Lawyers. As a result, McCarthy Ttrault is distinguished as a competitive force in the field of structured finance and, in particular, securitization and covered bonds. We have the breadth and diversity of experience necessary to assist our clients in this rapidly changing field. For more information, please contact Dirk Rueter at drueter@mccarthy.ca or Marc MacMullin at mmacmullin@mccarthy.ca, or please visit our website at www.mccarthy.ca.

Mortgage Trade focuses on improving the way organizations buy, sell and analyze whole loans. We offer mortgage processing as a service along with document processing, whole loan analytics and mortgage performance metrics.  Mortgage Trade has extensive experience working with the country’s largest banks which led to the development of our premier solution, the Clean Room. Our solutions and personalized “white glove” service add value by improving the quality of our clients’ loan processing, underwriting and delivery.

At Nixon Peabody, we see 21st century law as a tool to help shape our clients’ futures.
Our focus is on knowing what is important to our clients now and next so we can foresee obstacles and opportunities in their space and smooth the way. We ensure they are equipped with winning legal strategies as they navigate the exciting and challenging times we live in. Our ability to do this comes from the following working principles:

• We’re curious and extremely focused on understanding our clients’ businesses and industries.
• We tap the collective intelligence of Nixon Peabody to deliver the best thinking and create value for our clients throughout the world.
• We lean forward into the future, together with our clients, to see and prepare for what’s ahead.

Working together, we handle complex challenges in litigation, real estate, corporate law and intellectual property anywhere in the world.

Opus Capital Markets Consultants, LLC is a specialized risk management and quality control service provider for a wide range of participants in the mortgage and consumer lending industry. Specialized services include due diligence, securitization, origination quality control, valuation, servicing and advisory solutions. These services range from loan level re-underwriting to quality assurance support for operational risk assessments of counterparties and servicers. Opus CMC is the preferred industry choice based on quality, responsiveness and technology. Clients include banks, originators, investors, government institutions and mortgage insurers. Opus CMC is a wholly owned subsidiary of Wipro Ltd. For more information about Opus CMC, visit www.opuscmc.com.
Opus CMC is a wholly owned subsidiary of Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting, and business process services company.

Orrick, Herrington & Sutcliffe is a leading global law firm consistently top-ranked in connection with the structuring, execution and sale of asset-backed and mortgage-backed securities and other financings, repackagings and resecuritizations. We are a key player in the development of new structures for the asset-securitization market throughout the U.S. and Europe as counsel to issuers, underwriters, lenders, credit enhancers, sellers, servicers and institutional purchasers. Orrick has been recognized as a leader in the structured finance field by such directories as Chambers & Partners, Legal500 and International Financial Law Review. Orrick is recognized by the Financial Times as among the top law firms in its 'Most Innovative US Law Firms' report in 2014 and by Law360 as one of the Global 20 leading firms. Members of Orrick's Structured Finance Group are based in our New York, Washington D.C., San Francisco, Los Angeles, London, Paris, Moscow, Rome and Milan offices. For more information about Orrick, please visit www.orrick.com.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the U.S. The firm is ranked first on The American Lawyers A-List of the most successful law firms in America.
Our lawyers provide innovative legal solutions to many of the worlds top financial institutions and Fortune 500 companies. We offer a complete portfolio of services to support our clients complex, often mission-critical needs from structuring first-of-their-kind transactions to resolving complicated disputes to providing the savvy legal counsel that keeps business moving forward.
Since the firms founding in 1951, Paul Hastings has grown steadily and strategically along with our clients and the markets we serve. We established successful practices in key U.S. and European cities, creating a broad network of professionals to support our clients ambitions. In addition, we were one of the first U.S. law firms to establish a presence in Asia, and today we continue to be a leader in the region. Over the past decade, we have significantly expanded our global network of lawyers to assist our clients in financial centers around the world, including the emerging markets of Latin America.
Drawing on the firms dynamic, collaborative, and entrepreneurial culture, our lawyers work across practices, offices, and borders to provide innovative, seamless legal counsel where and when our clients need us.

Perkins Coie attorneys are involved in all aspects of the securitization and financing of various asset classes. We have extensive experience in structuring and closing complex structured finance transactions on behalf of a wide variety of parties to these transactions. We represent issuers, asset originators, portfolio managers, conduits, master and special servicers, sellers, purchasers, trustees, borrowers, lenders and monoline insurance companies in their role in these transactions. Founded in 1912, Perkins Coie has more than 1,000 lawyers in 19 offices across the United States and Asia.

Founded in 1962, the Raymond James Fixed Income Capital Markets division is one of the largest of any firm off Wall Street ranking among the nations top underwriters of new issue agencies and municipal securities. With more than 40 years of proven performance in the fixed income markets, Raymond James is well-positioned to meet the fixed income needs of capital markets across the globe. Raymond James Fixed Income employs over 500 professionals dedicated solely to serving the financial needs of depository institutions, insurance companies,municipalities and money managers in four areas of expertise: institutional sales, trading, research/strategies and public finance. Our specialized traders and sales teams provide clients with the products, expertise, analysis, strategies and trading strength to meet their distinct portfolio and strategic objectives. We also offer valuable services like extensive research offerings, eFolioour unique online portfolio management system portfolio accounting and asset/liability services. And our trading capabilities cover municipals to mortgage-backed, governments to corporate bonds and more.

Richards Layton is one of the world's leading advisors on the use of Delaware entities in business transactions. We are pioneers in the development of structured finance transactions, such as asset-backed securities, with a proven track record of representing all types of participants in complex deal structures. With Delaware's largest, most experienced corporate trust practice, our lawyers work closely with major financial institutions and privately held trust companies that serve as trustees, custodians or agents in complex financial transactions. We take pride in being the preferred firm for establishing and administering Delaware statutory and common law trusts-in fact, our lawyers have been involved in forming more Delaware statutory trusts than any other law firm. The head of our Trust & Agency Services Group has chaired the Delaware State Bar Association's Statutory Trust Committee since its inception in 1987. We played a leading role in the enactment of the Delaware Statutory Trust Act, and since then we have remained instrumental in the evolution of Delaware trust law. We are positioned not only to assist with transactions that are currently used in our industry, but also to help shape new transactions and structures to address issues as they arise. For more information, visit us at www.rlf.com.

Scotiabank is a leading provider of innovative securitization solutions in North America and Europe, having led in transactions based on assets such as auto loans, personal lines of credit, credit cards and mortgages. We assist corporate and public sector clients with a wide range of specialized projects that require complex legal, tax and/or quantitative financial expertise. We have been successful in addressing unique financing challenges faced by a broad range of public and private sector clients through the development and execution of innovative and unique capital solutions. Serving in both advisory and underwriting roles, we have been involved in the funding of many types of equipment and infrastructure projects. We provide clients with tax-effective solutions that diversify their funding sources at a lower cost than normal corporate debt and help improve their financial ratios. Our securitization professionals have extensive experience securitizing a wide array of financial assets and have developed a strong reputation for innovative transactions. In the United States, Scotiabank manages various structured financing programs that are designed to provide corporations with a low-cost method of funding financial assets. To find out how our structured finance and securitization solutions can work for you, please visit: gbm.scotiabank.com

SEWARD & KISSEL LLP is internationally recognized as a leading law firm offering sophisticated legal advice emphasizing business, financial and commercial law and related litigation. We have been a global leader in the asset securitization industry since its inception. Our expertise extends to all areas of law associated with securitization, including securities, banking, corporate, insurance, bankruptcy, real estate, tax, derivatives and investment company law. The depth of our securitization experience and the breadth of our knowledge regarding a wide range of asset types enable us to provide our clients with the assistance they require to successfully and efficiently structure and document complex transactions. An essential part of our securitization practice is our active role in extending the application of securitization to new structuring techniques and emerging asset classes. Seward & Kissel works closely with our clients and the rating agencies, regulatory authorities and accounting firms to facilitate market acceptance of new and emerging financing structures and asset classes. We have a long history of providing innovative solutions to problems facing our clients whether such problems stem from the financial crisis, regulatory or accounting changes, or from unique issues regarding specific asset classes. In connection with the financial crisis, we helped to develop innovative approaches to securitization restructurings and the government initiatives that provided support to the financial markets. More recently, we have been assisting our clients in developing new structures designed to comply with the various regulatory reforms and accounting changes adopted in response to the financial crisis. We actively participate in securitization industry regulatory initiatives. Our clients include issuers, underwriters, placement agents and dealers, servicers, sponsors, administrators, first loss providers, liquidity providers, trustees and credit enhancers participating in all facets of securitization.

For more than 30 years, lawyers in the Structured Finance Group of Skadden have worked with clients to develop many of the key innovations in securitization and structured derivatives markets. Our practice encompasses credit card receivable, marketplace loan, auto loan and lease, and residential and commercial mortgage loan securitizations; whole-company securitizations; collateralized loan obligations; insurance-related securitizations; commercial paper programs; credit derivatives; and principal finance. We have pioneered a range of first-of-their-kind securitizations, from the first securitizations of movie syndication revenues and small business loans to the first securitizations using master trust structures and CDO structures. Through the use of structured finance techniques, more recently, we also have led the way in developing rated marketplace loan securitizations, many of the recent innovations in whole company securitizations and the equity market for solar securitizations.

Specialized Loan Servicing LLC (SLS) is an independent, third-party servicer with a proven record of delivering superior portfolio performance across a wide range of residential mortgage products. With over 1,300 dedicated professionals, our commitment to a higher standard of service results in greater efficiencies for our clients and enhanced customer satisfaction. Through the proper application of technology, streamlined processes and industry experience, SLS supports the diverse needs of any portfolio.

Stifel Financial Corp. is a diversified financial services holding company that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; and Century Securities Associates, Inc. and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited.  Stifel Bank & Trust offers a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and 1919 Investment Counsel & Trust Company offer trust and related services.  The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities since the firm was established in 1890.

Stifel Financial Corp. was formed as a holding company in July 1983 and is publicly traded on the New York Stock Exchange under the symbol "SF."

Walkers and Walkers Fiduciary Services support arranging banks, sponsors and asset managers on all aspects of their structured transactions through one integrated legal and fiduciary business. Our legal team is recognised as a leader by clients, peers and partners in the legal, financial and asset management industries, having been active in the securitisation market since its inception. Our directors are experienced, well-informed and financially sophisticated, enabling us to contribute confidence to transactions and to provide a sure hand when important or urgent decisions need to be taken. 

In re-launching our fiduciary business, we have made significant investments in market-leading technology and have developed smart processes, building a truly integrated business which is streamlined and efficient. This means that we are free to focus our attention on providing incisive, responsive and dependable service and that we are able to do so within a competitive, predictable and transparent fee model over the long term, without ever compromising on quality or cutting corners.

With approximately 1,100 lawyers across three continents, Weil, Gotshal & Manges LLP is a leader in the marketplace for sophisticated, global legal services. The Firm’s pioneering “one firm” approach allows us to partner with many of the world’s most successful organizations on their most complex and high-profile matters. With more than 30 lawyers worldwide and support from our leading finance, capital markets, bankruptcy, tax, ERISA, securities litigation and other practice groups, Weil’s Structured Finance & Derivatives practice provides seamlessly integrated advice to clients as they address their most complicated and important challenges. Our global reputation is based on our attorneys’ technical expertise and their long track record of developing innovative, groundbreaking and cutting-edge structures at the forefront of the ever-changing current marketplace. Our securitization practice involves a wide array of assets, including, among many others, personal loans, small business loans, equipment loans and leases, trade receivables, commercial real estate properties and related leases, commercial and mortgage loans, home equity loans, health care receivables, franchisee loans, credit card receivables, auto loans and leases, student loans, rental car fleets, intellectual property rights, insurance premium finance contracts, mutual fund fees, life settlements, structured settlements and lottery prizes. Our group also has unparalleled experience in the establishment of CLO vehicles (including synthetic structures and structured investment vehicles) and possesses superlative capabilities in the structuring, negotiation and documentation of derivatives. In addition, we have extensive experience advising clients along the lifecycle of structured products, including development, origination, syndication, trading, and restructuring/remediation/commutation. Our Structured Finance & Derivatives practice and its partners are consistently recognized as market leaders by Chambers Global, Chambers USA, Chambers UK, IFLR1000 and Legal 500 and are prized by clients for being able to bring a fresh perspective to novel issues.

Winston & Strawn's Structured Finance team is recognized as market leaders in a wide range of asset classes and structures, including aircraft, vessel and railcar finance, CLOs, marketplace lending, CMBS and CRE CLOs, derivatives and structured products, energy structured finance (green and traditional), lease and operating assets, and life settlements. Our focus and experience in esoteric ABS is second to none. We have material experience in virtually every area of emerging and non-standard assets and structures, including structured funds, specialty finance, PACE Bonds, time share receivables, life settlement portfolios, film receivables, music performance rights income stream, charged-off credit cards, structured settlements, foreign aircraft leases, and royalty payments relating to mineral interests. We also bring to bear one of the most innovative and responsive tax teams in the structured finance and structured fund industries.

Arch Capital Group Ltd. (Arch Capital or ACGL) is a Bermuda-based public company offering insurance, reinsurance and mortgage insurance worldwide, with operations in such locations as Bermuda, the United States, Canada, Europe, Australia and South Africa.  ACGL was launched in 2001 to meet demands in global markets. Our business is divided across three platforms: Insurance, Reinsurance and Mortgage operations.  The combination of our risk-focused underwriting platform, our experienced management team and our strong capital base, have enabled us to establish a prominent presence worldwide.

ACGL has a focus on specialty lines and, through the Arch MI platform, is a market leader in the mortgage insurance space.  Arch MI is dedicated to providing risk management and risk financing products to the MI sector worldwide and our group of dedicated MI and reinsurance professionals understand the unique requirements and challenges of markets around the globe. Our market-specific knowledge and expertise enable Arch MI to provide creative and commercially-viable solutions for our clients through both insurance and non-insurance products. Superior analytics and risk assessment, combined with outstanding client service, are at the forefront of all our activities.”

Blake, Cassels & Graydon LLP is one of Canada's leading business law firms with offices in the major Canadian commercial and regulatory centers: Montreal, Ottawa, Toronto, Calgary and Vancouver, as well as international offices practicing Canadian law in New York, London, Bahrain, Beijing and associated offices in Al-Khobar and Shanghai.
Recent recognition includes:
- For the sixth consecutive year, Blakes was named Canadas Law Firm of the Year by Whos Who Legal, The International Whos Who of Business Lawyers.
- For the fourth time (more than any other Canadian law firm), Blakes has been named Law Firm of the Year: Canada by Chambers and Partners Legal Publishers, one of the worlds leading publishers of legal directories and trade periodicals.
- For the second year, Blakes was named "Canadian Legal Advisor of the Year" by Mergermarket and the Financial Times.
With many international clients, Blakes has acquired particulare xpertise advising on international transactions that involve Canadian interests. Our top-ranked securitization group advises parties on both domestic and cross-border securitizations, including bankers, originators, conduits, trustees and other service providers.

Burnham Sterling Securities LLC (Burnham) is a FINRA member and licensed securities dealer focused on transportation assets. The company has large, well-known airline and manufacturer clients and works with leading investor participants around the world. The team is led by Michael Dickey Morgan, former head of Babcock & Browns aircraft placement and advisory practice, who is supported by a team with significant industry experience and relationships. Burnham offers the following products to investors: senior notes, high yield notes, bridge loans, asset sale/leasebacks and equipment advisory services. Many of the transactions benefit from an investment grade rating. The Burnham team provided services on approximately $15 billion in projects while at Babcock & Brown for many of the worlds leading airlines and manufacturers. Burnham is headquartered in Greenwich, Connecticut.

Since 1997, the Cayman Islands Stock Exchange (CSX) has earned its position as a leading, globally focused specialist exchange for sophisticated products, including collateralized loan obligations in addition to all types of structured debt. As a technical exchange, the CSX offers specific listing rules tailored to the needs and characteristics of the CLO market. The Exchange's focus on being an efficient gateway to global capital markets has attracted an array of issuers, comprising leading international financial institutions, emerging technology and life science companies, as well as some of the world's most successful hedge funds. The Exchange is internationally recognized and is an IOSCO member, the International Organization of Securities and Exchange Commissions, and is also recognized by UK HM Revenue & Customs, which benefits CSX-listed securities from the quoted Eurobond exemption.

CBIZ (NYSE: CBZ) is a leading provider of business services, including: accounting and tax, benefits and insurance, technology services and a variety of consulting services. Specifically, CBIZ Credit Risk Advisory Group combines the highest level of technical expertise to provide a wide range of securitization services including: due diligence services, tax and accounting analysis, asset and intellectual property valuation, mergers & acquisition advisory services, financial audits and other financial consulting services.

Chetu provides custom software development solutions for the capital markets industry, including software that integrates with stock broker, investment banking, and core banking software. Chetu’s team of experts offer immense industry experience in the development of user dashboards for real-time market prices with custom electronic ticker tape, client reporting and monitoring applications with customizable charting options, and custom stock analytics software with intuitive user interfaces for sleek organization of data. Chetu develops capital planning and allocation software integrated to risk assessment and predictive analysis plugins with dynamic rule engine development. Chetu’s award-winning software development solutions span the entire capital markets software spectrum, with strict adherence to all regulatory standards, including specifications put forth by the U.S. Securities and Exchange Commission (SEC), Anti-Money Laundering (AML), and the Dodd-Frank Wall Street Reform and Consumer Protection Act. Contact Chetu now and discover what our expert capital markets software developers will do for you!

For more information, visit us at: http://www.chetu.com/finance/capital-markets.php

Founded in 2014, Citadel SPV provides a comprehensive array of entity formation, governance, administration, accounting and investor reporting services to the global capital markets. We take pride in our unique capacities for specialized services in complex financing structures including securitization, project finance and alternative or special situations finance. Citadel SPV leverages more than 25 years of market experience to deliver consultative solutions for complex financing structures, including customized structural alternatives, a complete array of independent director and officer services, sophisticated program management solutions and customized accounting and investor reporting solutions. Headquartered in New York, Citadel SPV offers its clients a comprehensive network of global service delivery locations, either directly or via our partner network including, Delaware, Texas, Cayman, United Kingdom, Ireland, Jersey, Isle of Man, Luxembourg, Netherlands, Switzerland, Singapore and Japan.

DealVector is the first provider of a secure electronic communication network that allows fixed income and illiquid asset investors to directly connect with other participants in their deals. By linking people, assets and opportunities, we bring transparency to traditionally opaque asset categories to improve efficiency, market surveillance and returns. Our asset-focused, identity-protected communication platform enables fixed income participants to easily find, authenticate and communicate with each other, while respecting the privacy and regulatory concerns of all members. Our newest service, InvestorLink, connects collateral managers and issuers directly to investors, streamlining communication and improving deal liquidity. DealVector counts leading asset managers, broker dealers, advisory firms, insurers and banks as members. More information can be found at www.dealvector.com.

Delaware Trust is the premier independent provider of solutions for the structured finance, bankruptcy, real estate, international tax and M&A markets.
Our offerings span special purpose vehicles, trust, and bankruptcy remote entities, along with independent director services.
SPV Management: GAAP Accounting |Bespoke Administration Services| Directors, Officers, Employees | Reporting | Covenant Monitoring | Nexus Services (DE & NV) | Records Safekeeping | Registered Agent | Entity Formation & Maintenance
Trust: Delaware Statutory Trustee | Owner or Issuer Trustee | Registrar & Paying Agent | Escrow & Disbursing Agent |Collateral & Security Agent| Custodian | Investor Reporting
Independent Directors: Limited or Active Roles | Distressed Transactions |Springing Members
Visit www.delawaretrust.com to learn more.

In 2000, DMS pioneered the first professional fund governance firm.  Today, with more than 225 professionals and the longest and most successful history in fund governance, DMS works with 60% of the world’s top hedge fund managers providing highly trusted fund governance services to more than $330B in fund assets globally.   

SPV Governance and Administration:  DMS provides genuine independence and bespoke solutions to a wide variety of SPVs across all asset classes. We work with banks, hedge funds, managers, PE firms, family offices, high net worth individuals and boutique financial institutions. We support a wide range of structures and transactions, including CLOs, SPCs, Debt Programs, repackaging’s, holding companies, asset-backed finance, credit funds and Islamic finance. Our directors and administrators are particularly skilled at executing complex, bespoke structures involving esoteric assets. Our team also provides seamless execution of high-volume commoditized transactions and platforms. From independent directors, share trustee, accounting and corporate administration services to banking, cash management and tax compliance services, DMS delivers best in class end-to-end servicing of structured finance transactions.

First Associates is the nation’s fastest growing loan servicer. Headquartered in San Diego, First Associates has it all: an experienced team of industry veterans with first-rate knowledge and access to exceptional technology to support their efforts. We provide effective services that are scalable, flexible, secure and compliant.

First Associates has over 30 years of experience in the consumer finance industry, state-of-the-art technology and the infrastructure to meet the demands of any client. We’ve received industry recognition for consistently exceeding high performance standards and providing a superior level of support.

Services Provided:

• Primary Servicing
• Backup Loan Servicing
• Contract Verification
• Document Custodial Services
• Verification Calls
• UCC Management
• Remarketing
• Paying Agent/Collateral Management

First Empire Securities
First Empire Securities is an institutional fixed income broker-dealer providing a broad range of services to ensure clients are making well-informed investment decisions. The company’s seasoned traders and financial strategists, state-of-the-art analytical tools and former regulatory examiners all contribute to a full-service approach developed to help institutions improve the performance of their investment portfolios and better manage their balance sheets. First Empire Securities is a member of FINRA/SIPC.

Five Bridges Advisors, LLC is a leading provider of software, analytics and advisory services to the capital markets.   As a thought leader in predictive modeling analytics, we understand the complexities of data and utilize our technological expertise to deliver transparent and accurate solutions.  Our in depth industry knowledge allows us to reveal insights from data, quantify risk and provide value.  Our Javelin analytics platform provides a powerful, secure and fully hosted web-based solution to manage loan and structured products portfolios, and facilitate risk and valuation analysis using our fully integrated predictive models and engines.

Global Securitization Services, LLC specializes in the ownership and administration of special purpose vehicles (SPVs) established in connection with structured finance transactions. Global's focus is to provide SPVs with equity capital, independent officers and corporate services. We operate in European and North American time zones to provide real-time services to UK, Irish, German, Channel Island, Bermuda, Cayman, Canadian, Delaware and Nevada domiciled SPVs. Management and staff have excellent working relationships with bank sponsors, placement agents, depositaries, securities intermediaries, and the rating agencies. We appreciate the efforts of our clients in establishing SPV financing programs and recognize that the ongoing viability of these programs is dependent upon our efforts long after the program closes.

Golub Capital is a nationally recognized credit asset manager with over $15 billion of capital under management. Golub Capital is a frequent issuer of both broadly syndicated and middle market CLOs. The firm has completed over $9.9 billion of CLO issuance across twenty-three separate transactions since 2005. Golub Capital's Broadly Syndicated Loans unit focuses on investing in larger loans that are generally liquid in the secondary market. The platform has generated over $4.6 billion of total CLO issuance across eleven transactions since 2007. The team is led by Christina Jamieson, who has a 30+ year career in management of BSL loans and securitization vehicles. Golub Capital manages Broadly Syndicated Loan assets with a large and tenured analyst team, a full-time trader and access to the strength of Golub Capital's institutional scale. Golub Capital's Middle Market Lending business line focuses on first lien senior and one-stop debt in U.S. middle market companies controlled by private equity firms. The award-winning platform has generated over $5.3 billion of total CLO issuance across twelve transactions since 2005. As 100% equity holder in each transaction, Golub Capital funds have benefited from the growth and sustainability of Golub Capital's robust origination and CLO capabilities.

Grant Thornton LLP (Grant Thornton) is the US member firm of Grant Thornton International Ltd, one of the world's leading organizations of independent audit, tax and advisory firms. Financial services is a core focus at Grant Thornton. With over 90 years of industry experience, approximately 55 dedicated partners and over 500 professionals, we serve over 2,200 public and private financial services companies nationally. The Financial Services practice combines deep subject matter expertise with tremendous agility in assisting our Structured Products clients with their valuation, transaction advisory, financial modeling, regulatory compliance, risk management, tax advisory and process improvement needs.

Intertrust is a publicly-listed company with more than 60 years’ experience in providing world-class trust and corporate services to our clients around the world. Our Capital Markets team provides the director and administrative services necessary to create, operate and liquidate SPVs and holding companies used in a wide range of structured finance structures. We deliver a complete special purpose vehicle (SPV) solution, including personal director, trustee and registered office services. Intertrust not only ensures smooth and efficient administration through specialist financial and administrative services but, where necessary, work with the best lawyers and advisors to put in place the optimal solution to meet our clients’ unique needs. Our over 2,400 professionals, operating out of 30 countries worldwide, provide the regional knowledge and cultural understanding to help our clients succeed.

INTL FCStone Inc. is a diversified financial services organization providing execution, risk management and advisory services, market intelligence and clearing services across asset classes and markets around the world. Working within our subsidiary company, INTL FCStone Financial Inc., our Rates Group is a fixed income dealer and market maker that exclusively trades government, federal agency, mortgage-backed and asset-backed securities.  Founded as G.X. Clarke & Company in 1979 and acquired by INTL FCStone in January 2015, the Rates Group has served institutional clients focused on these securities for almost four decades.  Acting as principal, we maintain an inventory of more than 5,000 CUSIPS, which is built upon providing liquidity and market insight to more than 600 institutional clients.  The Rates Group employs a client-centric business model, and the securities that we trade are based directly on the strategies and trading parameters of our customers. We place equal emphasis on the bid and offer side of trades, we provide liquidity in both round and odd lots, and we work as “partners in performance” to generate ideas that are appropriate for each individual customer. For more information about our Rates Group, INTL FCStone Financial, or our parent company, please visit intlfcstone.com.

Intralinks is a global content collaboration company that provides cloud-based solutions to control the sharing, distribution and management of high value content within and across organizations according to the highest-level of security and the most stringent compliance regulations. Over 90,000 clients, 99% of the Fortune 1000 companies, have depended on Intralinks' to digitally transform and simplify critical business processes and secure high-value information. With a 20-year track record of enabling high-stakes transactions and business collaborations valued at $31.3 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration technology. Intralinks, Inc. is a subsidiary of Synchronoss Technologies, Inc. (NASDAQ: SNCR). 

For more than 17 years, Intralinks has been serving the debt capital markets community with one of the most widely used platforms for deal and document management. Today, Intralinks continues our history of innovation by providing structured finance professionals with the tools they need to help manage the securitization lifecycle - to get more deals done, faster. 

Intralinks DebtspaceTM improves collaboration and information disclosure in a secure, auditable manner for asset backed transactions. More than 3.1 million professionals at 99%of the Fortune 1000 companies depend on Intralinks' experience. With a track record of enabling high-stakes financial transactions and business collaborations valued at more than $23.5 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based document management and reporting solutions. For more information, visit www.intralinks.com/debtspace. 

Liquidaty frees you from data h*ll by automating tape cracking, data cleansing, model-driven analytics and report generation. We enable our customers to get single-tape analytics or multiple-tape comparative analytics at the push of a button or the click of an email, without having to preside over a team of analysts slaving for days or weeks. In addition, our platform offers seamless integration with proprietary and third-party APIs and models, drill-down on-screen analytics, and print-quality, fully-formatted reports in Word or PDF. 

MBSData is a leading provider of RMBS mortgage backed securities data and analytics to the structured finance marketplace. MBSData's product offerings have already brought a higher level of availability and transparency to these marketplace participants. We service a variety of clients including investors, rating agencies, researchers, modelers, mortgage consultants and other service providers. MBSData web based platform empowers clients with the ability to perform monthly surveillance and track historical deal and loan level performance on RMBS. This platform integrates our cutting edge technology, our industry fastest and best in class monthly remittance update cycle with the MBSData full suite of detailed datasets and custom built analytics. MBSData is changing the course and providing a better direction for the MBS industry. We believe in maintaining the highest data quality standards and are committed to delivering innovative and personalized services. With a combination of data quantity, data quality, technology and cost, MBSData has created the best value proposition in the industry.

Established in 1994, Mischler Financial Group is the financial industry’s oldest minority investment bank / institutional brokerage owned and operated by Service-Disabled Veterans. A federally-certified SDVOBE, Mischler footprints extend across both the primary and secondary capital markets ecosystem, where Fortune corporate treasury teams and new Issuers depend on us to serve as a true complement to the role played by primary investment banks and leading investment managers and public plan sponsors rely on us for delivering conflict-free true best execution in US and International Equities, and the full spectrum of fixed income products.  

Mission Global combines Mission Capital’s industry leading mortgage services business and Global Financial Review’s extensive experience in diligence, compliance and underwriting services.  Mission Global unites Mission’s secondary market approach to collateral risk management, curative title work, and trade-support services with Global’s diligence, underwriting, forensic analysis, and regulatory compliance.  Clients no longer need to search for disparate pieces of the puzzle – Mission Global assembles them all in a cohesive, single source solution for institutional clients.  Mission Capital Advisors will continue to provide loan sale, valuation and mortgage banking services to its clients.

Founded in 1997, NetRoadshow is the trusted name in providing U.S. Securities & Exchange Comission (SEC) compliant online solutions for the global investment banking community. 

NetRoadshow began working closely with the SEC in early 1996 to gain permission to provide electronic roadshows under strict guidelines. In July of 1997, NetRoadshow was the first to recieve permission from the SEC, in the form of an SEC 'No-Action' Letter, to provide electronic roadshows over the internet. We continue to work closely with the SEC to provide compliant tools and services to meet the needs of the global investment banking community.

Our proprietary online roadshows, data room services, and secure document distribution system, along with our world class 24x7 Client Services team, provide our clients with cost effective and timely solutions which add value to the entire investor community. 

NetRoadshow's solutions give immediate value to the buy-side community with instant access to transaction information, and the ability to store and retrieve relevant deal information.

NetRoadshow also provides superior insights to both banking teams and issuers through real time analytics of investor behavior, helping guide the marketing of a transaction.

NetRoadshow has offices in New York, Atlanta, San Francisco, London and  Hong Kong.

The Office of the Comptroller of the Currency (OCC), a bureau of the Department of Treasury, charters, regulates and supervises 2,000 national banks and federal savings associations, with $10.2 trillion in assets. We ensure a safe, sound, and competitive banking system that supports the citizens, communities, and economy of the United States. Our culture promotes creative and innovative contributions by people in all positions and values and encourages diversity. Recently, OCC was again selected as one of The Best Places to Work in the Federal Government, particularly for pay and benefits, teamwork, and diversity.

PeerIQ is bridging the gap between marketplace lenders and the capital markets, offering transparency, data validation, and loan-level credit analytics so that investors can invest with confidence.  Leading investors, financing banks, and marketplace lenders use the PeerIQ Analytics Platform for data management and reconciliation, portfolio monitoring, collateral validation, reporting, credit facility management, valuation/pricing services, cashflow modeling/generation, and ABS structuring.

Founded in 1868 in New York, Pillsbury Winthrop Shaw Pittman LLP is a leading international law firm that is recognized by Financial Times as one of the most innovative.  Pillsbury’s finance lawyers represent domestic and international clients in a wide variety of financial transactions, including commercial lending, structured finance and securitization, derivatives, equipment finance, leveraged finance, project finance, trade finance, debt restructuring, tax-exempt financing, and distressed investing and debt trading.

Powered by a team of highly rated aviation finance lawyers in the U.S., Europe and Asia, the global aviation finance practice at Pillsbury has consistently ranked as one of the world’s finest over decades. We serve as trusted advisor to the most established names in aviation as well as emerging players around the world, including manufacturers, airlines, lessors, financial institutions and other investors. Our lawyers have been involved in capital markets securitizations of portfolios of aircraft on operating leases since the very first of its kind in the early 1990s, and continue to lead this market today. Our clients and counterparties know us for our in-depth substantive knowledge, commercial awareness, user-friendly service and ability to power the efficient execution of transactions.

Potter Anderson & Corroon LLP is the firm of choice for clients' ranging from Fortune 500 companies to some of the largest national law firms to individuals. It is the oldest Delaware law firm and one of the ten oldest continuously-practicing law firms in the United States. Since its small beginnings in 1826, Potter Anderson & Corroon has become one of the largest and most recognized Delaware law firms, providing a full range of legal services to its local, national and international clients. Our attorneys routinely focus on corporate and business transactions, particularly the structure and use of Delaware business entities, including corporations, limited liability companies, partnerships (general and limited) and statutory trusts. They often serve as counsel to lenders, borrowers, investors, managers, trustees and other parties involved in both domestic and international business transactions. Our attorneys provide third-party legal opinions concerning Delaware's General Corporation Law, Delaware's alternative entity statutes, the Delaware UCC and other applicable law.

For more than 30 years, RSM has focused on the financial services industry. We provide audit, tax, financial advisory, risk advisory and technology consulting services. Our full range of services help specialty finance companies address their complex business challenges such as regulatory compliance, security and privacy and transaction due diligence. Our deep industry knowledge and experience enable us to provide industry specific, meaningful observations and insights. RSM is the fifth largest U.S. provider of assurance, tax and consulting services, with more than 9,000 people in 86 offices nationwide. 

Schulte Roth & Zabel is a market-leading, multidisciplinary law firm serving the financial services industry from offices in New York, Washington, D.C. and London. Our Structured Finance & Derivatives Group is widely recognized as one of the most sophisticated in the legal profession. We structure and negotiate a variety of complex structured finance and securitization transactions — in particular collateralized loan obligations and asset-backed securities, as well as regulatory capital offerings — on behalf of a wide range of market participants including investment managers, issuers, underwriters, placement agents, borrowers, sellers, purchasers and servicers of assets, and investors. We assist clients with products involving the securitization of high-yield loans, bonds and corporate debt. We also handle private asset-backed securitizations, warehouse facilities, and secured financings encompassing a wide range of assets including life settlements, equipment leases, structured settlements, lottery receivables, timeshare loans, litigation advances and cell towers, in addition to other esoteric asset classes such as intellectual property. The experience of our team encompasses the full spectrum of financial products and transactions and regularly draws on the knowledge and experience of attorneys in the firm’s investment management, business transactions, litigation, business reorganization and tax groups. In addition to structuring, drafting and negotiating, we also assist clients with regulatory filings, compliance issues and investigations. In recent years, we have worked on products that have been substituted for fully distributed CLOs, including loan and portfolio total return swaps, master repurchase agreements and single-class offerings by vehicles that invest in loan portfolios. We also advise clients in complying with the new risk retention regulations in the U.S. and the EU, including assisting clients in the creation of risk retention vehicles.
 
 

Solve Advisors is an innovative financial technology company that is focused on improving the efficiency and transparency of markets by providing data aggregation, isualization and analytical tools that facilitate access to relevant information and improve day-to-day workflow.
SolveQuotes-powerful real-time message parsing technology identifies market pricing, BWICs and dealer inventories and provides insightful visualization and querying capabilities in structured products, corporates, and bank loans.
SolveQuotes Market Data- the most complete market data set available including US and Global Offering Levels, BWIC Price Talk, 2-Way Markets and Covers in real-time. Overlay data parsed from your messages with data contributed by our partners.
SolveQuotes Back Office- streamlines the month-end workflow for middle/back office personnel by parsing and aggregating marks from broker statements and identifying exceptions. This eliminates the hassle of consolidating broker statements and tracking multiple revisions.
Remittance Reports- timely remittance reports on various asset classes can be seamlessly delivered to you.
Custom Solutions- development of custom software and analytics. License our proprietary message-oriented middleware platform that facilitates inter-process communicationor enterprise applications.

T-REX’s mission is to make complex capital markets more liquid through enhanced transparency and efficiency. T-REX is the financial valuation, structuring, and risk analytics platform for complex asset classes: increasing standardization, efficiency, and transparency. Through its enterprise SaaS platform, T-REX unlocks hundreds of billions of dollars currently seeking investment through products that combine analysis across assets, loans, bonds, and other capital structures.  Before T-REX, the value of the assets was opaque, non-standard, and manually evaluated one asset at a time. With T-REX, industry participants can now efficiently invest in, securitize, and manage portfolios of assets with complete transparency.

TAO Solutions is a leading global vendor of dynamic structured finance software solutions designed to assist banks and financial institutions with the intractable challenges of interfacing asset portfolios to capital markets funding.  Our suite of tools, mortgageHUB and secureHUB, provide robust functionality allowing users to efficiently manage assets, structure liabilities and perform all necessary on-going reporting and administration within contemporary regulatory and accounting frameworks.

Thomson Reuters connects and powers the global financial community through our open and trusted news, data, analytics and insight, tools and applications, trading capabilities, and infrastructure and services. We help our customers uncover critical insights and market opportunities and connect to the largest network of financial professionals – enabling better decisions and more confident actions.  We create efficiencies that drive profits with scalable infrastructure and services that enable faster and smarter performance.
Through our award-winning Pricing and Reference Data services, we provide market leading end of & intra-day content including: CDS, CDO, CLO, ABS, CMBS, Fixed Income, Risk Data, Analytics and other referential content sets.
Thomson Reuters LPC is the premier global provider of comprehensive and independent loan pricing, market news, data and analysis to the credit markets worldwide. Thomson Reuters LPC provides end-of-day loan pricing for mark-to-market and NAV funds and news and information solutions to help industry players stay informed about market trends and facilitate business decisions. Thomson Reuters LPC’s commitment to the loan industry has generated innovative products and services tailored to the market's needs. Thomson Reuters LPC’s coverage spans the United States, Europe, Middle East, Africa, Latin America, and Asia/Pacific, supported by its presence in New York, London, Hong Kong and Tokyo. Products and services include a global loan pricing service, print publications and online news, analysis and interactive databases.

Virtus Partners, with over 300 Bil in AUA, is the premier provider of highly tailored fixed-income services for the world's elite managers. Our robust offering combines front-, middle- and back-office services including Fund Administration, Loan Agency and Trade Settlements in a single platform, perfectly customized to your business needs. Experience the Virtus Standard: Genius consultants, rich data, and the most advanced technology, all working together to problem-solve for you. What you need to know before you know you need it.

Willkie Farr & Gallagher LLP is an elite international law firm that provides strategic legal representation and counsel to market-leading public and private companies worldwide. Founded in 1888, the firm has approximately 600 lawyers in the key financial centers of New York, Washington, Houston, Paris, London, Frankfurt, Brussels, Milan and Rome. Willkies renowned Structured Finance Practice has been at the forefront of the development of securitization capital markets and structured financing techniques. We have represented issuers, underwriters, trustees, servicers, originators, lenders, insurance companies, and other participants in numerous public and private securitization and structured finance transactions. Our attorneys also provide general corporate and transactional advice to specialty finance companies and banks operating in the sector. We are knowledgeable and experienced with all legal and business issues related to securitization and structured finance, including securities and corporate law matters, tax issues, derivatives, accounting and regulatory matters, bankruptcy and insolvency considerations, and security interest questions. Willkie attorneys structure, negotiate and draft all types of structured finance transactions in most asset classes, from traditional ABS such as auto loans, commercial and residential mortgages, CLOs and credit card securitizations, to esoteric and one-off transactions, including life settlements, tax liens, P2P consumer loans, refund anticipation loans and timeshares.

VantageScore Solutions (www.VantageScore.com) is an independently managed company that holds the intellectual property rights to the VantageScore credit score model, most recently updated with the March 2013 introduction of VantageScore 3.0. Initially formed by America's three national credit reporting companies (CRCs) -- Equifax, Experian and TransUnion -- VantageScore Solutions' highly predictive model uses an innovative, patented and patent- pending scoring methodology to provide lenders and consumers with more consistent credit scores across all three major credit reporting companies and the ability to score more people.

GlobalCapital is a leading news, opinion and data service for people and institutions using and working in the international capital markets. It provides you with clearly-voiced, lively coverage of key markets based on the comments of those who work in them, together with a wealth of transaction data and archive material.  Whether you wish to pick up the pulse of your market, to research in detail an issuer, intermediary or asset class in a particular sector, or to check out how your institution is performing relative to its peers, our service is for you.

GlobalCapital descends directly from EuroWeek (“the voice of the markets”), which has been covering new issues in primary markets for 26 years.  Joining the platform are also several key capital markets publications from the Euromoney Institutional Investor Group: Asiamoney, Total Securitization and Derivatives Week.  GlobalCapital also sees the introduction of a brand new service on the internationalisation of the RMB.

The combination of these elements on state-of-the-art new web technology provides a device-neutral, flexible global news and data service where relevant related articles and data are a click away.

GlobalCapital.com delivers daily services dedicated to the following key market sectors: FIG/Bank Finance including Covered Bonds, Corporate Bonds, Syndicated Loans, Equity, Leveraged Finance, Sovereign and Supranational and Agency Bonds (SSA), SRI/Green Bonds, Global Emerging Markets, Securitization, Asia Pacific Markets, Derivatives, and Offshore RMB. The service comes with sector specific priced deals data sets, league tables, deal pipelines and people moves.

HousingWire is by far the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.

Named "Best in Business" by the Society of Business Editors and Writers and a winner of a prestigious FOLIO:Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International as well.

HousingWire was named to the 2013 Inc. 5000 list of the nation's fastest-growing privately-held businesses.