David Joseph serves on Stradley Ronon’s management committee and board of directors. He previously was director of strategic growth of Stradley Ronon’s corporate practice, where he managed and oversaw the firm’s capabilities across all transactional disciplines, including mergers and acquisitions, securities transactions, corporate governance, finance, real estate and intellectual property. David also serves as co-chair of the firm’s structured finance and securitization practice.
In addition to his leadership roles, David maintains a thriving practice advising private and public companies in a variety of industries on business and transactional matters. Relied upon for his exceptional business acumen, results-driven approach and sophisticated client service, David provides counsel related to securitization and structured finance, litigation funding, mergers and acquisitions, public and private securities offerings, joint ventures, private investment funds, derivatives, commercial finance and general corporate work.
David is particularly active in the mortgage finance and fintech lending industries, regularly representing originators, servicers, investors, insurers and other market participants in a variety of transactions and matters involving whole loans, participations, servicing rights and asset-backed securities.
Featured Representative Matters
Worked with a nationwide patent litigation funding platform to design and execute a novel, programmatic financing structure for multiple large patent infringement cases.
Counseled leading single-family rental (SFR) companies in connection with the structuring and negotiation of joint venture arrangements with their private equity and life insurance company partners.
Assisted a global real estate investment manager with an equity investment in one of the largest and fastest-growing private data center developers in the Americas.
Advised a leading fintech partner bank in connection with the development and implementation of new origination and servicing programs for, and related transactions involving, a number of different online loan products.
Counseled a private equity client in connection with an ongoing series of large distressed debt acquisitions in Spain, Puerto Rico and the U.S. Virgin Islands.
Represented national mortgage originators and servicers in all manner of capital markets transactions including flow and bulk whole loan and mortgage servicing rights (MSR) trades, excess servicing spread transactions, and warehouse and repo lending facilities.
Handled a wide array of marketplace and other fintech loan purchase, sale and securitization transactions for a leading mutual fund complex.
Worked with a broad range of institutional investors to craft and implement strategies to mitigate losses on their portfolios of private label residential mortgage-backed securities.
Acted as issuer counsel for a federal government agency in connection with its program to re-securitize mortgage-backed securities and asset-backed securities held by failed financial institutions.
Counseled a publicly held bank holding company in connection with the acquisition of multiple bank holding companies, banks and investment advisory firms.
Served as issuer counsel on residential mortgage loan securitization programs, which consisted of regular private and public offerings of asset-backed securities.
Represented a mortgage loan servicer in its acquisition of a servicing platform and portfolio of MSRs from the bankruptcy estate of a failed mortgage originator.
Negotiated and documented the sale of a branch network and related assets for a national mortgage lender.
Structured and documented a privately placed securitization of tax-exempt equipment leases for a Wall Street investment bank.
Advised a New York-based bank in its capacity as trustee in several publicly offered stranded cost securitizations for regional utilities in Pennsylvania, New Jersey, Michigan, Massachusetts, Texas and New Hampshire.
Community Impact
An avid supporter of the arts, David has served on the corporate partners board of the Mann Center for the Performing Arts for more than 15 years. Through his involvement with the Mann, he helps to raise funds to finance the education and development of aspiring musicians and artists in the Greater Philadelphia region.
Memberships
Corporate Partners Board, Mann Center for the Performing Arts
Structured Finance Association
Wharton Alumni Club of Philadelphia
Recognitions
Distinguished Leaders, The Legal Intelligencer (2023)
Featured Speaking Engagements
Presenter, "The State of the Private-Label RMBS Market," Federal Reserve Bank of Philadelphia
Presenter, "Structured Finance & Securitization: Loss Mitigation Adventures in Today’s Tempestuous Capital Markets," Meritas 22nd Annual Meeting
Clerkships
Clerkship to U.S. District Judge James Giles of the Eastern District of Pennsylvania
Clerkship to U.S. District Judge William Yohn of the Eastern District of Pennsylvania
