Asa J. Herald

Geordie  has significant experience with asset classes such as residential mortgage loans (including in connection with residential mortgage-backed security (RMBS) 2.0 take-outs and market movement towards RMBS 3.0), small balance commercial loans, and single family and multifamily construction and permanent loans—or mortgage-backed securities or debentures issued in respect thereof—securitized through Ginnie Mae, Fannie Mae, Freddie Mac, or the US Small Business Administration. In addition, he represents investment banks in matters related to the securitization of credit card receivables.

Geordie’s practice also includes counseling sophisticated clients in connection with servicing transfers, whole loan sales, derivatives, and investments in distressed receivables, including the creation and maintenance of various distressed asset fund structures, as well as with matters related to master repurchase agreements, the issuance of variable rate demand obligations, standby liquidity support agreements, standby bond purchase agreements, letters of credit, and reimbursement agreements. He advises clients in forming affiliated corporations, limited liability companies (LLCs), statutory trusts, and other corporate entities (including bankruptcy-remote special purpose vehicles and privately held real estate investment trusts (REITs)). He also represents investment banks in connection with the offerings of securities backed by the full faith and credit of the federal government.

Geordie served on active duty for nearly a decade as a surface warfare officer in the US Navy before beginning the practice of law, and he continued as a reservist for several years thereafter. Prior to leaving military service, he attained the rank of Lieutenant Commander and while on active duty his last assignment was as an Executive Support Officer to the Secretary of Defense at the Pentagon.