Rudene Mercer Haynes’s fascination with numbers and problem solving has led her to a fulfilling career in structured finance and securitization.
For most of her practice, she has focused on residential mortgage financing, and has acted on behalf of issuers, lenders, servicers and underwriters/placement agents of a myriad of financial assets, including mortgage-related assets, trade receivables and other payment intangibles.
She is a leader in the firm’s servicer advance financing practice, and has historically represented Ginnie Mae in its Multiclass and Mortgage-Backed Securities programs.
Rudene is incredibly responsive and flexible in addressing clients’ needs. She strives to solve her clients’ problems with wit and creativity, deriving immense pride from her work to make homeownership affordable and possible for many Americans.
On a personal note, Rudene is exceptionally committed to increasing diversity in the legal profession. She is very active in bar, civic and community initiatives that advance equity in our society.
- Represented originators, servicers, lenders and placement agents in innovative, first of its kind servicer advance financings of agency and private label advances, and provided advice on regulatory matters including compliance with US Risk Retention Rules.
- Represented Ginnie Mae in connection with its Multiclass Securities Program and Mortgage-Backed Securities Program, including the development of the Home Equity Conversion Mortgage-Backed Securities program and the Multifamily Multiclass Securities Program.
- Represented lenders and investors in MSR and Excess MSR financings.
- Represented issuers, securities guarantors, servicers, trustees and underwriters in securitization transactions; asset types include commercial and residential mortgages, manufactured housing related receivables and trade receivables.
- JD, The University of Texas School of Law, 1999
- BA, Mathematics, University of Virginia, with distinction, 1996
- Member, Board of Directors, YWCA Richmond, 2016–present
- Member, Board of Trustees, Children’s Museum of Richmond, 2016–present
- Member, Board of Governors, Virginia Bar Association, January 2017-present
- Inaugural Class Fellow, Leadership Council on Legal Diversity, 2011- 2012
- Former Board Member and Chair, Governance Committee, William Byrd Community House, organization’s mission to transform lives through building self-sufficiency, 2009-2015
- Former Executive Committee Member and ABA Liaison, Young Lawyers Division, Virginia Bar Association, 2007-2011
- Former District Representative, American Bar Association Young Lawyers Division (Maryland and Virginia Young Lawyers Division affiliates), 2005- 2007
- Former Board Member, St. Andrew’s School, a tuition-free school for students from families of limited resources, 2002-2008
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