Legal

Representations and warranties

Also known as: reps and warranties

status: draft

Contractual statements about assets, parties, authority, compliance, title, and transaction facts.

What to watch

Asset-level breaches often create repurchase obligations. Make sure reps match what your systems can actually verify.

Referenced in 34 topics

Amendments and waivers lifecycle-events Bank regulatory considerations legal Calculation agents and data agents counterparties Consumer protection regulations legal Covenant compliance monitoring operations-lifecycle Credit analysis accounting-valuation Deal autopsy: why deals fail playbooks Deal structures asset-classes Documentation negotiation playbooks Due diligence question bank documentation Executing a workout playbooks Forward flow agreements structures GAAP vs IFRS accounting comparison accounting-valuation Negotiation strategy playbooks Non-performing loans (NPL) asset-classes Offering and disclosure documents documentation Primary market process market-landscape Questions to ask your legal team playbooks Reps, warranties, and enforcement documentation Sale and contribution agreement documentation Secondaries and liquidity asset-classes Servicer fundamentals counterparties Servicer termination and transition counterparties SPVs and bankruptcy remoteness legal State licensing requirements legal Transaction agreements documentation True lender / bank partnership playbooks True sale and perfection legal Upsizing and facility expansion lifecycle-events Waiver, amendment, or acceleration playbooks What capital providers care about playbooks What is negotiable by structure type playbooks Whole loan sale and forward flow strategies playbooks Whole loan sales structures