James Saeli

Overview

James Saeli (“Jamie”) has over 10 years experience advising clients on the tax aspects of real estate finance and securitization transactions. Jamie provides federal income tax guidance to clients across the real estate finance industry, from commercial loan origination and modification to warehousing, securitization and resecuritization, as well as other lending arrangements and financing transactions. In addition to mortgage lending and financing, Jamie provides tax advice on financing of master servicing rights, servicer advance facilities and home equity improvement investment facilities. Jamie also advises clients on credit-card, auto loan, student loan and other types of commercial lending securitization and financing transactions.

Jamie has experience advising issuers, underwriters and loan sellers in connection with “real estate investment conduits” (“REMICs”) and other tax-advantaged real estate investment vehicles. Jamie’s practice primarily focuses on residential mortgage securitization at Hunton, while prior to joining Hunton Jamie’s practice was focused on commercial mortgage securitization.

Jamie also invests significant time into pro bono work, advising clients on a wide range of issues. Jamie has represented pro bono veteran clients before the Veterans Administration. Jamie also served on active duty in the Air Force and received his honorable discharged as a Staff Sergeant in 2006. Jamie continues to be an active participant in the veteran community.

Experience

Served as issuer’s and initial purchaser’s counsel to J.P. Morgan Mortgage Acquisition Corp. and J.P. Morgan Securities LLC (together, “J.P. Morgan”) in connection with the development and execution of a securitization program involving the issuance of $186.4 million in securities backed by a fixed pool of participation interests in home equity lines of credit (HELOCs) originated by third parties.
Represents issuers, underwriters and other parties in the federal tax aspects of purchase, sale, financing and securitization of performing, nonperforming and re-performing mortgage loans.
Advises clients on federal income tax issues relating to master servicing rights and servicer advance facility securitizations.