How can Canada address the mismatch between mortgage terms and amortization to expand consumer choice and reduce risk?
Supporting our Banking and Debt Finance and Capital Markets practices, Torys’ Structured Finance and Securitizations team is responsible for delivering effective and inventive structuring, securities and tax advice to our clients.
We bring to international matters our understanding of the regulatory requirements and timing necessary to complete offerings of asset-backed securities in Canada, and bring creative acumen to cross-border offerings of asset-backed securities, on the cross-border sale of receivables from Canadian vendors to U.S. conduits, or U.S. vendors to Canadian conduits. We also work with clients to develop new securitization structures and products.
Our clients include some of the country’s largest financial institutions, liquidity lenders, credit enhancers and credit-rating agencies, and investors.
Our team has experience working with a wide variety of asset classes, including
- conventional residential mortgages
- commercial mortgages
- reverse residential mortgages
- credit card receivables
- variable lines of credit
- auto loans
- vehicle and equipment leases
- trade receivables
- finance contracts
- mutual fund deferred sales fees
- private placements of term notes
- multi-seller and single-seller commercial paper securitization conduits.