Structured Finance
Association
Dedicated to helping the economy grow by safely enabling greater credit access to industry, consumers and investors.
SFA Conflict of Interest Resource Hub
Our SFA Conflict of Interest Resource Hub aggregates key materials to keep you informed on this critical issue, along with insights from our members to provide diverse perspectives and valuable commentary.
Upcoming Events
SFA Tax Policy Committee: In-Person Meeting
SFA Webinar: Diversification and Discovery: A Look at Esoteric ABS
SFA RMBS Symposium 2025
SFAcademy: The Bootcamp Series
SFAcademy is an educational program for professionals in structured finance. Through the Bootcamp Series, members can explore the essentials of securitization and asset classes with real-life examples, delivered in accessible, bi-weekly sessions.
Research Corner
SFA Research Corner: Triple-A, Tested (and Breached?): SASB CMBS’s New Reality
May 29, 2025
Across asset classes, triple-A credit ratings are viewed as the benchmark for safety and low risk. For single-asset single-borrower (SASB) commercial mortgage-backed securities (CMBS)— where deals are backed by one commercial property or a group of cross-collateralized assets from a single borrower— this assumption is being put to the test. A 26 percent loss toContinue reading “Homepage”
SFA News
FHFA Housing Price Index Released
On May 27, The Federal Housing Finance Agency (FHFA) released the Housing Price Index for Q1 2025, which found that house prices decreased by 0.1…
Data Centers Face Local Opposition
As tech companies search for land and energy to power their data centers, they are looking to rural towns as a solution. However, community members…
FT: EU Explores Stress Test for NBFIs
According to the Financial Times, regulators from the European Union are looking to conduct a stress test on non-bank financial intermediaries (NBFIs) within the next year…
President Trump Posts on Taking the GSE’s Public
On May 27, President Donald Trump posted on Truth Social that he is working to take Fannie Mae and Freddie Mac (the GSEs) public. The post also…
SFA CEO Michael Bright Talks Fannie and Freddie IPO Potential on CNBC
Michael Bright, Structured Finance Assoc. CEO and Fmr. Ginnie Mae COO, joins ‘Fast Money’ to talk the possibility of Fannie Mae and Freddie Mac going…