SFA welcomes David Dwyer as General Counsel for Policy and Regulatory Affairs and Frank Tallerico as ABS Policy Director.

The Structured Finance Association (SFA) sent a follow-up letter to the Securities and Exchange Commission (SEC) with recommended amendments to the re-proposed rule on the Prohibition Against Conflicts of Interests in Certain Securitizations that would protect investors while maintaining the strength of the financial market. SFA members believe the current text of the sweeping re-proposed rule is critically flawed, conflicts with the goals of numerous prudential regulators, relies too heavily on the Volcker Rule as a precedent, and would impose significant impediments to the continued healthy functioning of the asset-backed security (ABS) and broader financial markets.

Today the Structured Finance Association (SFA) and their President, Kristi Leo, announced her plan to depart after more than a decade working with the organization. Leo will continue to serve as President until the end of June and will assist Michael Bright, SFA CEO, and the team transition her responsibilities. “It has been an honor and a privilege to serve the Structured Finance Association in multiple capacities for over a decade,” Leo said. “I am incredibly grateful to the endless number of truly talented, dedicated past and present SFA staff, members and policymakers who made my time at SFA a true gift even during the most challenging times we faced together.”

The Structured Finance Foundation, an affiliate of the Structured Finance Association (SFA), awarded two exceptional University of the District of Columbia (UDC) students with scholarships to support their education. The students, Iyanna Jackson and Elias Carson, were both awarded $10,000 scholarships today at a ceremony on campus.

The Structured Finance Association (SFA), a leading trade association representing the structured finance and securitization industry, today announced that Dr. Scott Frame has joined the organization as Chief Economist and Head of MBS Policy. In this role, Dr. Frame will serve as SFA’s principal economist and utilize his years of expertise to provide strategic guidance that drives the association’s economic policy analysis.

The Structured Finance Association (SFA) has sent a letter to the Securities and Exchange Commission urging the need to protect investors while maintaining the strengths of our financial markets when the Commission considers its re-proposed rule on the Prohibition Against Conflicts of Interests in Certain Securitizations.

The Structured Finance Association (SFA) applauded the decision today by the Federal Housing Finance Agency to lower the previously announced UMBS Fee from 50 basis points to 9.375 basis points, a reduction of more than 80 percent. The FHFA said the reduced fee will go into effect April 1.

SFA submitted a letter to the Board of Governors of the Federal Reserve System (Fed) in response to the Fed’s proposed regulation to implement the Adjustable Interest Rate (LIBOR) Act. SFA applauds the Fed’s comprehensive proposal and is strongly supportive of the proposal, with a few imperative remaining clarifications that should be addressed so that consumer and investor contracts transition as seamlessly as Congress intended.

The Structured Finance Association (SFA) submitted a letter to the U.S. Securities and Exchange Commission (SEC) in response to the SEC’s proposed rule “The Enhancement and Standardization of Climate-Related Disclosures for Investors” (the “Proposed Rule”).

The Structured Finance Association (SFA) is gathering market feedback on the new upfront 50 basis point cross-collateral guarantee on Uniform Mortgage-Backed Securities (UMBS) underlying certain TBA securities that was announced by Fannie Mae and Freddie Mac.