Katie Schwarting's legal practice focuses on CMBS and Freddie Mac securitizations (both the K Series and Small Balance Loan products), regulatory issues impacting securitization, other portfolio and warehouse servicing agreements, asset management, workout and foreclose strategies and the sale of servicing rights.
Prior to joining the firm, Ms. Schwarting was Senior Director of the Commercial Real Estate/Multifamily Finance Department of the Mortgage Bankers Association in Washington, D.C. Her key responsibilities included advancing issues, standards, regulations and legislation to support the commercial real estate industry MBA members in asset administration (including CMBS, portfolio lending and life company servicing) and loan origination (including lenders, rating agencies, consultants, insurance companies and attorneys). She also participated in extensive outreach programs and authored several white papers on topics ranging from the assumption process, mold property inspections to due diligence for force placed insurance.
Ms. Schwarting's experience also includes five years as Assistant Vice President of the Real Estate and Financial Services - Structured Products Services - division of Wachovia Securities. She worked in the business development group as a deal integration manager, a data integrity manager and a portfolio manager, where she managed sixteen commercial mortgage securitizations and conduit portfolios, totaling more than $10 billion and 1,150 mortgage loans. She also negotiated and closed commercial mortgage-backed securitization transactions, covering business issues as the Master Servicer.