Mr. Kardis has a broad range of experience in assisting clients with complex corporate, securities and financing transactions, especially transactions involving mortgage REITS and financial assets (such as mortgage loans, servicing rights, auto loans, and SBA Loans), including public offerings (debt and equity), private placements, private equity, asset-back secured lending, joint ventures and other investment vehicles, mergers and acquisitions, asset-backed securitizations, going private transactions, REIT conversions, and debt offerings.  He has represented several Wall Street investment banks, mortgage and specialty auto finance companies, REITs, broker-dealers and a variety of technology companies.  Mr. Kardis also advises companies on compliance with Regulation AB and is a frequent speaker on Regulation AB matters.

Some of the recent transactions in which Mr. Kardis has been counsel include:

• Public offerings of common and preferred stock offerings for a mortgage REIT.
• Public residential mortgage-backed securities offering for a mortgage REIT.
• Private placements of small-balance commercial mortgage backed securities.
• Represent sellers on numerous mortgage loan purchase agreements and sales of servicing rights.
• Represent purchaser of mortgage servicing operations in an asset sale; the purchaser in the acquisition of several mortgage companies; and the investor in a private equity investment in an early stage real estate services company.
• Represented two mortgage companies in public conversions into REIT and the IPO of a mortgage company.
• Formation of a private equity REIT and of a mortgage REIT using an UPREIT structure.
• Represent lender on revolving credit facilities backed by mortgage servicing rights totaling more than $2 billion.
• Revolving mortgage loan repurchase facilities totaling more than $2 billion.
• Represented a borrower on a four-year term commercial paper backed revolving credit facility.

Previously, Mr. Kardis practiced in the Washington office of a leading structured finance firm.  Prior to entering private legal practice, he held several positions in government and industry including Senior Advisor and Acting Director at the Trade Compliance Center of the U.S. Department of Commerce, and senior positions with Rockwell International and the United States Senate, Committee on the Budget.  In addition, he served as Adjunct Professor of Law at Georgetown University from 1997 to 1999.