Ms. Williams represents borrowers and lenders in asset-based transactions involving residential and commercial loans, servicing advances, servicing rights, RMBS, CMBS and other assets. She has represented Ginnie Mae since she helped develop its multiclass program in 1994. She assists clients in transactions involving government-insured loans and GSEs, including warehouse financings, early buy-out transactions and MSR financings. Ms. Williams is a trusted adviser on Investment Company Act status questions, including the applicability of exclusions from the “covered fund” definition under the Volcker Rule. She is chair of the firm's ethics in marketing committee and chair of the opinions committee.