The global credit crisis and illiquidity in the market has resulted in companies securitizing both performing and underperforming commercial asset pools in bankruptcy remote special purpose vehicles to access capital that would not readily be available outside these vehicles. Our professionals have loan origination, servicing and assessment of the quality of these underlying securitized assets.
Durkin Group provides services on an as needed basis throughout each phase of a securitization or structured finance transaction. Our pre-issuance services enhance efficiency and mitigate risks allowing our customers to focus on deal origination and execution. Services provided include:
Post issuance due diligence services include verifying the accuracy of ongoing reporting to investors including testing the underlying cash flow disbursements, pooling and servicing agreement compliance, trigger event monitoring, and review of ongoing portfolio stratification data.