From the desk of our CEO
At the Structured Finance Association (SFA), we strive to support the real economy in times of both crisis and growth by safely enabling greater credit access to industry, consumers, and investors. Last year, securitization provided $13.1 trillion in financing and funded more than 50% of U.S. household debt.
During these unprecedented and uncertain times, we are drawing on our core values more than ever and stand ready to help our member institutions bring liquidity, confidence, and normal operations back to the market to support the credit needs of American households and businesses.
SFA and our member companies are working diligently to ensure the functioning of our country’s capital markets, the protection of the consumers and communities our members serve, and the physical health and well-being of our staff.
Amid the growing concerns surrounding COVID-19, we took swift action to protect our member institutions and supporters, canceling events locally and internationally, as well as implementing our own work from home and restricted travel policies.
We are in daily contact with our members firms, relevant health authorities, as well as Washington policymakers and financial market participants, and we remain determined to do our part to come through these collective challenges.
Please do not hesitate to reach out with any questions or concerns. We look forward to working together to help support consumers and businesses, recognizing that securitization is an essential source of funding for the real economy.
Chief Executive Officer
Structured Finance Association