SFA released the following statement after Fannie Mae priced its first Agency Credit Risk Transfer (CRT) transaction since February 2020.

Registered attendees of SFVegas 2021 can now access recordings of the conference and panel sessions via the Virtual AttendeeHub. Enter the first name, last name, and email address that was used when registering, and a code will be sent to the mobile device and email address to be used to log in.

On October 13, the Federal Housing Finance Agency (FHFA) announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $78 billion for each GSE up from $70 billion in 2021, for a combined total of $156 billion to support the multifamily market.

The past year and a half of remote work have yielded mixed results for organizations trying to improve their diversity, equity and inclusion (DEI). Remote work exacerbated many existing inequities; for example, one reason that Covid disproportionately affected communities of color is because people of color are less likely to be in remote-friendly jobs.

Justice Sonia Sotomayor told an audience Wednesday that recent changes in the format of oral arguments were instituted in part after studies emerged showing that female justices on the court were interrupted more by male justices and advocates.

Released 12 October, the Job Openings and Labor Turnover Survey (JOLTS) shows the Bureau of Labor Statistics’ count of all available positions fell in August after soaring through the first two quarters. As the number of job openings dropped, the number of people quitting jobs rose sharply, 4.3 million in September compared to 4.0 million in August, with the greatest number of separations occurring in hotels, restaurants and bars, and public schools - all high-contact positions

The use of SOFR in structured product transactions continues to gain momentum as two U.S. leveraged loans have priced using regulators’ preferred replacement benchmark for LIBOR

The National Association of Realtors’ (NAR) monthly report, which compares average family income with average home sales prices and mortgage rates, showed housing affordability improved in August for the second month in a row.

This week, industry participants met in-person and virtually during SFVegas 2021, hosted by the Structured Finance Association. With over 2,200 in-person attendees and thousands participating virtually, the hybrid event featured world-class speakers covering topics like ESG, policy matters impacting structured finance, the LIBOR transition and alternative reference rates, consumer credit performance during the pandemic, political and macroeconomic outlooks, DEI, and how securitization can support financial inclusion.

The Labor Department’s 7 October weekly report of the filing of new unemployment claims showed the greatest decrease of the preceding three months, with unadjusted claims falling to 258,909 (326,000 seasonally adjusted).