Structured Finance Association Applauds Nomination of Sandra Thompson to Lead Federal Housing Finance Agency
The Structured Finance Association (SFA), the leading trade group for the securitization industry, released the following statement after President Joe Biden nominated Sandra L. Thompson to serve as Director of the Federal Housing Finance Agency (FHFA).
“Acting Director Thompson has demonstrated a strong commitment to ensuring market liquidity and stability, and we applaud the Biden administration for this nomination,” said Michael Bright, CEO of the Structured Finance Association. “Sandra Thompson’s record as an advocate for sensible housing policies speaks for itself and has been a welcome dynamic at FHFA. We very much look forward to working with her in the years to come, and we call on the Senate to confirm her nomination.”
During her tenure as Acting Director, Thompson has demonstrated a commitment to FHFA’s housing mission and prioritized the safety and soundness of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. She also has engaged with industry on a number of important issues, including the Enterprise Capital Framework and the capital treatment of the credit risk transfer (CRT) market.