As co-chairs of the ARRC SWG, SFA has an instrumental role in helping to enable a smooth transition and, most recently, identifying the key considerations relevant to developing new issuance of securitized products based on SOFR.

Effective advocacy is built with research, consensus-building, education, and communication – and often supported by more formal, written on-record communication.

As the Democratic majority in Congress seek to pass Biden’s $1.9 trillion COVID-19 relief plan to support the nation’s economic recovery, they plan to use a budget reconciliation to ensure its swift passage. Given we often hear how many former and current Hill staffers say they could use a refresher on what this legislative process entails, we thought it would be good opportunity to review for them as well as our other market participants that haven’t come across its use previously.

As the Biden administration settles in and nominees are confirmed by the Senate, the first 100 days are expected to focus on additional COVID-19 relief, a coordinated vaccine roll out, and Executive Orders that seek to overturn Trump era policies and regulations.

Sustainable Investing is an investment discipline that integrates environmental, social and governance (ESG) considerations to the investment process and straddles across equity and fixed income markets. The unprecedented volatility that has come to define 2020 is expected to boost flows into an already thriving ESG market. SFA is committed to guiding the securitization industry towards a goal of building a robust ESG market in structured finance.

New GAO report finds highest-rated senior tranches of collateralized loan obligations (CLOs) remained “largely resilient” following the initial COVID-19 shock even as the leveraged loans deteriorated.

SFA’s Director of MBS Policy Dallin Merrill recaps the Supreme Court’s oral arguments for Collins v. Mnuchin, which included a series of consolidated cases covering both the GSE’s net worth sweep to Treasury under the PSPAs, as well as the Constitutionality of the FHFA’s structure.

SFA compares the FHFA’s Final Enterprise Capital Framework Rule against the Proposed Rule, noting that the changes largely fail to address questions and concerns raised by SFA members.

President-elect Biden is set to inherit a closely divided Congress and will need to navigate a delicate policy tightrope with Congressional leadership in both parties to advance his legislative priorities.

On Capitol Hill, regulators and elected officials are also working to establish tools to help facilitate the ESG movement particularly with respect to ESG labelling and transparency obligations, which in turn, could help investors integrate and utilize ESG data.