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Housing Finance
The $33 trillion housing market relies on well-regulated sources of private capital and public funding in order to ensure stability and liquidity for borrowers, lenders, and investors.
![Housing Finance Overview](https://structuredfinance.org/wp-content/uploads/2024/03/Housing-Finance-Overview.jpg)
Overview
Our nation’s housing finance system is comprised of an entire ecosystem of lenders, originators, aggregators, servicers, rating agencies, diligence providers, trustees, bond investors and whole loan purchasers who all play an integral role in ensuring that borrowers are able to access mortgage funds throughout the credit cycle.
SFA is working to ensure that a dynamic market—including public funding sources as well as private capital—works to the benefit of borrowers, provides well-defined guardrails for market participants, and protects taxpayers from future losses.
Publications & Resources
SFA Submits Letter to FHFA on Freddie Mac Proposal to Purchase Closed-End Second Mortgages
May 23, 2024
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News
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…
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…
SFA Responds to the FHFA Approval of Freddie Mac’s Second Mortgage Proposal
WASHINGTON, June 23, 2024 – The Structured Finance Association (SFA), a leading trade association representing the structured finance and securitization industry, released the following statement…
Higher Rents Could Complicate Federal Reserve Interest Rate Decisions
While asking rents for new apartment leases have been flat over the past year, they are expected to rise modestly this year, according to the Wall…