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Issuer Subcommittee: RMBS

A forum for RMBS issuers to address a wide range of issues and trends impacting the RMBS asset class

Issuer Subcommittee_ RMBS Overview


The Issuer Committee of the Structured Finance Association works collaboratively on the biggest issues and trends in structured finance, such as LIBOR transition and EU securitization regulations, from the perspective of the issuers (or sellers) of debt securities. The RMBS Subcommittee of SFA’s Issuer Committee is focused on a wide range of issues and trends impacting the RMBS asset class.


The Structured Finance Association (“SFA”) appreciates the opportunity to respond to the proposed revision (the “Proposal”) to the Securitization Safe Harbor Rule (the “Rule”) released by the Federal Deposit Insurance Corporation (the “FDIC”) on August 22, 2019.
Amici Curiae, the Bank Policy Institute (“BPI”) and the Structured Finance Association (“SFA”), by their counsel Sullivan & Cromwell LLP and Mayer Brown LLP, respectfully move this Court for leave to file a brief in support of Defendants’ Motion to Dismiss, submitted herewith as Exhibit A to the accompanying Declaration of Matthew A. Schwartz.
RMBS 3.0 is an initiative of the Structured Finance Industry Group (“SFIG”1), established with the primary goal of re invigorating the “private label” residential mortgage-backed securities (“RMBS”) market.
Chairman Crapo, Ranking Member Brown, members of this committee, my name is Michael Bright and I represent the Structured Finance Industry Group, or “SFIG.” On behalf of SFIG and its thousands of members in the securitization industry, I very much appreciate the opportunity to speak to you today.
The Structured Finance Industry Group (“SFIG”)1 appreciates the opportunity to provide comments on the Ability to Repay/Qualified Mortgage Rule (“ATR/QM”) from the Consumer Financial Protection Bureau (“CFPB”) that was published in the Federal Register on June 1, 2017.