News
Read the latest articles and press releases about securitization, structured finance, and the Structured Finance Association.
Mortgage Lock-In Effect Exacerbating Housing Affordability
The mortgage rate lock-in effect is exacerbating housing affordability challenges. Median home prices have risen to $419,000 in May, up from $270,000 pre-pandemic. Two thirds…
WSJ: Strain on Small and Large Banks in the CRE Sector
Differences in the performance of CRE loans are leaving the largest banks (those with more than $100 billion in assets) more exposed to distress in…
Powell Comments on Potential Re-Proposal of Basel III Regulation
In a Senate Banking Committee hearing on July 9, and followed by the House Financial Services Committee on July 10, Federal Reserve Chair Jerome Powell stated that he and…
CFPB Proposes Amendments to Regulation X on Mortgage Servicing
On July 9, the CFPB proposed updates to existing mortgage servicing regulations. These changes would make some pandemic borrower protections under the 2020 CARES Act permanent. Under…
Michael Bright Featured in RealClearMarkets
In his article, SFA CEO Michael Bright argues that Freddie Mac’s plan to buy second mortgages poses significant risks to taxpayers and the housing market….
SFA Conflict of Interests Member Resources
Law Firm Resources Advisory & Consulting Firm ResourcesAdditional Resources Law Firm Resources Proposed Rule: Feeling conflicted: SEC Rule 192 and you – A&O Shearman |…
Residential Construction Slows in May
New residential construction slowed 5.5% in May, as interest rates remain elevated for both prospective homebuyers and builders. Building permits also dipped 3.8% signaling less…
FHFA’s House Price Index for June 2024 – Home Prices Rise 6.3% YoY
U.S. house prices rose 0.2% in April 2024, with prices up 6.3% year-over-year. However, these growth rates varied significantly across regions of the country both monthly…