DETROIT – Baltimore Capital Markets attorneys Merrick Benn and Marina Andrews attended an annual meeting of client Flagstar Bank on Feb. 6th to deliver a presentation on “Documentation and Structure: Financing Rail, Aircraft, and Marine Assets”.
The presentation covered such topics as:
- The various types of transportation equipment financing transactions;
- Structuring an equipment financing transaction;
- Protecting the client’s revenues, enforceability rights, residual value, and liability risk; and
- Industry-specific laws impacting deals in the rail, aviation, and maritime sectors.
Flagstar Bank, FSB, is a $16.9 billion Michigan-based, NYSE-listed bank with a unique business model that combines relationship-based national mortgage lending with full-service community banking. Headquartered in Troy, Mich., Flagstar provides commercial, small business, and consumer banking services through 99 branches in the state. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 90 retail locations in 29 states. Flagstar is a leading national originator and servicer of mortgage loans, handling payments and record keeping for $98 billion of home loans representing over 442,000 borrowers.
Click here to read the full “Documentation and Structure: Financing Rail, Aircraft, and Marine Assets” presentation.
Also, click here to read a recent profile on the Womble Bond Dickinson Equipment Finance team in I95 Business magazine.