US Asset Backed Securities Statistics
SIFMA Research tracks the U.S. asset-backed securities market, including issuance, trading, and outstanding data, breaking out issuance and outstanding into…
US Mortgage Backed Securities Statistics
SIFMA Research tracks the current landscape for U.S. mortgage-backed securities, including issuance, trading, and outstanding data. We also break out…
Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation (Joint Trades)
SIFMA, The Consumer Bankers Association (CBA), Independent Community Bankers of America (ICBA), Mortgage Bankers Association (MBA), and the National Mortgage…
MBS Notification and Settlement Dates
Next year’s notification and settlement dates for mortgage-backed securities are shown in the table below; previous dates may be found…
Proposed Enterprise New Product; Comment Request ‘Freddie Mac Single-Family Closed-End Second Mortgages’
SIFMA provided comments to the Federal Housing Finance Agency (FHFA) on the Freddie Mac Proposed Purchase of Single-Family Closed-End Second…
SEC Instituting Proceedings on FINRA and the MRSB’s Proposals to Shorten Trade Reporting Timelines in Fixed-Income Markets (SIFMA and SIFMA AMG)
SIFMA and SIFMA AMG provided further comments to the U.S. Securities and Exchange Commission (SEC) in light of the SEC’s instituting…
Enterprise Regulatory Capital Framework Amendments
SIFMA provided comments to the Federal Housing Finance Agency (FHFA) on their Notice of Proposed Rulemaking on Enterprise Regulatory Capital…
GSE Super Fee
SIFMA provided comments to the Federal Housing Finance Agency (FHFA) regarding Fannie Mae and Freddie Mac’s (“Enterprises”) recent announcements that,…
TRACE Reporting for USD Sovereigns
SIFMA provides comments to the Securities and Exchange Commission (SEC) regarding FINRA’s proposed TRACE reporting requirements for U.S. dollar denominated…
SIFMA Statement on Senate Passage of LIBOR Legislation
Washington, D.C., March 10, 2022 – SIFMA released the following statement from president and CEO Kenneth E. Bentsen, Jr., on…
SIFMA Statement on Inclusion of LIBOR Legislation in the Omnibus
Washington, D.C., March 9, 2022 – SIFMA released the following statement from president and CEO Kenneth E. Bentsen, Jr., on…
SIFMA and SIFMA AMG on Amendment to FINRA 4210 – Margin Rules for Covered Agency Transactions
SIFMA and The Asset Management Group of SIFMA (SIFMA AMG) provided comments to the Commission’s consultation on FINRA’s Amendment No.…
SIFMA Supports Legislation Addressing Transition Away from LIBOR
Washington, D.C., July 28, 2021 – SIFMA sent a letter to House Financial Services Committee Chairwoman Maxine Waters (D-CA) and…
SIFMA Broker-Dealer on FINRA 4210 – Margin Rules for Covered Agency Transactions
SIFMA provided comments to the Securities and Exchange Commission (SEC) in response to the request for comment on SR-FINRA-2021-010 –…
SIFMA AMG on FINRA 4210 – Margin Rules for Covered Agency Transactions
SIFMA AMG provided comments to the Securities and Exchange Commission (SEC) on the consultation on amendments to FINRA’s rules governing…
The Need for Federal Legislation in the LIBOR Transition
In the latest in SIFMA’s podcast series, SIFMA president and CEO Kenneth E. Bentsen, Jr. is joined by Chis Killian,…
SIFMA Supports Federal Legislation for Transitioning Away from LIBOR
Washington, D.C., April 15, 2021 – SIFMA today expressed its support for federal legislation to assist with the transition from…
SIFMA Statement on Passage of New York State LIBOR Legislation
New York, NY, March 25, 2021 – SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen,…
SIFMA Statement on Ranking Member Toomey’s Guiding Principles for Housing Finance Reform
Washington, D.C., March 17, 2021 – SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr.…
FHFA Proposed Rule on Enterprise Liquidity Requirements
SIFMA provided comments to FHFA on the proposed rule on Enterprise Liquidity Requirements (“Proposal”). Ensuring that the Enterprises have sufficient…
Supplemental Comments on Proposed Rule Change to Modify the Calculation of the MBSD VaR Floor
SIFMA provided comments to the SEC regarding the FICC margin proposal. The Order requests that “that interested persons provide written…
Risks of Ending GSE Conservatorships
SIFMA provided comments to the Treasury regarding its active engagement on GSE and housing finance issues. We support many aspects…
Enterprise Regulatory Capital Framework
SIFMA and Nareit provided comments, on behalf of its Mortgage REIT (mREIT) Council, on FHFA’s proposed capital framework for the Enterprises (GSEs).…
Regulation AB II disclosure requirements
SIFMA and joint trades provided comments to the Securities Exchange Commission (SEC) on prioritizing revisions to the Regulation AB II…
Proposed Rule Change to Modify the Calculation of the MBSD VaR Floor
SIFMA provided comments to the SEC on the rule proposal from the Fixed Income Clearing Corporation (FICC). The FICC is…
Joint Trades Input on Enterprise Pooling Practices
SIFMA and joint trades provided comments to the Federal Housing Finance Agency (FHFA) in response to Request for Input (RFI)…
Request for Input on Enterprise Pooling Practices
SIFMA provided comments to the FHFA’s Request for Information (RFI) on UMBS pooling. SIFMA appreciates the extension of the comment…
Response to RIN 3064-AF09: Securitization Safe Harbor Rule
SIFMA provides comments to the Federal Deposit Insurance Corporation (FDIC) in response to their proposal to revise the requirements of…
Podcast: Baby Steps – An Update on Housing Finance Reform
The U.S. Treasury just announced that Fannie and Freddie will retain their earnings, a step in moving the companies out…
Response to ANPR on the Qualified Mortgage Definition under the Truth in Lending Act
SIFMA provided comments to the Bureau of Consumer Financial Protection (CFPB) on its Advance Notice of Proposed Rulemaking on the…
Summary of Treasury’s September 2019 Report on Housing Finance Reform
On September 5, 2019, the US Department of the Treasury published a paper detailing it’s views on the path forward…
Comments on Housing Finance Reform
SIFMA letter to the principals of Treasury, HUD and FHFA regarding its views on aspects of housing finance reform, including…
SIFMA Statement on Senate Confirmation of Mark Calabria to Lead the Federal Housing Finance Agency
Washington, D.C., April 4, 2019 – SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and…
SIFMA Statement on Housing Finance Reform
Washington, D.C., March 28, 2019 – SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO,…
TBA Guidelines Advisory Council Approves Revisions to Good Delivery Guidelines
New York, NY, March 7, 2019 – SIFMA released the following statement today on a decision the TBA Guidelines Advisory…
SIFMA Supports VA Rules; Suggests Changes to Better Protect Veteran Borrowers
Washington, D.C., February 15, 2019 – In a comment letter to the Department of Veterans Affairs, SIFMA expressed its support…
Protect Our Veterans as They Protected Us
The veterans who protect America need protection from bad actors who may have been abusing them via rapid refinancing of…
VA Insured Cash-Out Home Refinance Loans
SIFMA submitted comments to Department of Veterans Affairs regarding the interim final rules RIN 2900-AQ42, Loan Guaranty: Revisions to VA…
Single Security Initiative and Diversification under Section 817(h)
SIFMA and the Investment Company Institute (ICI) submit this letter to the U.S. Department of the Treasury and the Internal…
Single Security – Priority Issues to be Resolved Before Launch
SIFMA provided comments to the FHFA on single security issues. The preservation and enhancement of the strong liquidity of the…
December 4, 2017 Update on the Single Security
SIFMA recently provided comments to the Federal Housing Finance Agency (FHFA) regarding the Single Security. SIFMA stated, “while we observe…
Remediation of Issues Related to Rapid VA Loan Refinancing
SIFMA provided comments to Ginnie Mae, supporting efforts to investigate and remediate issues with rapid refinancing of Veterans Affairs (VA) loans…
Single Security Initiative Update
On October 4, 2017, SIFMA hosted a Securitization Spotlight Session on preparing for the single security. The webinar featured speakers from…
Sample Risk Retention Majority Owned Affiliate Due Diligence Discussion Topics
The sample discussion topics contained herein, which were developed by a SIFMA dealer working group on the risk retention rules,…
Sample Asset Level Data (ALD) Due Diligence Topics for Underwriters in ABS Offerings
This document is intended to be used by dealers acting as underwriters as part of their efforts to undertake a…
Sample Risk Retention Due Diligence Discussion Topics for Underwriters, Initial Purchasers and Placement Agents in ABS Offerings
The document was developed by a SIFMA dealer working group on Regulation RR, 17 C.F.R. §246.1, et seq., (the “Credit…
Securitized Products
Follow the links below to view the documents in SIFMA’s Securitized Products Standard Forms and Documentation Library.
US Securitization 2016 Year in Review
Part 1: Securitization Market Trends Securitization issuance, including agency and non-agency mortgage-backed securities (MBS) and asset-backed securities (ABS), totaled $2.2…
Exploring Special Purpose National Bank Charters for Fintech Companies
SIFMA along with the Clearing House Association L.L.C., and the Independent Community Bankers of America, provides comment on the white…
FHFA Front End CRT RFI
SIFMA, the Association of Mortgage Investors and the National Association of Real Estate Investment Trusts provided comments to the FHFA…
Credit Risk Transfer RFI
SIFMA, the American Bankers Association, the Association of Mortgage Investors, the Housing Policy Council of the Financial Services Roundtable, the…
US Securitization Report, First Half 2016
Part 1: Securitization Market Trends Securitization issuance, including agency and non-agency mortgage-backed securities (MBS) and asset-backed securities (ABS), totaled $919.5…
Social Impact Investing: A Conversation with Congress and the Financial Services Industry
By: Chris Killian Social impact investing describes the direction of investment funds to opportunities or companies that have desirable environmental, governance…
SIFMA Hosts Social Impact Investment Roundtable on Capitol Hill, Bringing Together Industry Experts and Lawmakers
Release Date: May 26, 2016Contact: Carol Danko, 202-962-7390, [email protected] SIFMA Hosts Social Impact Investment Roundtable on Capitol Hill, Bringing Together…
Social Impact Investing and Social Finance Fact Sheet
Social impact investing is commonly used to describe the direction of investment funds to opportunities or companies that have desirable…
SIFMA Issues 2015 Securitization Year in Review
Release Date: April 7, 2016 Contact: Katrina Cavalli, 212.313.1181, [email protected] SIFMA Issues 2015 Securitization Year in Review New York, NY,…
US Securitization Year in Review
Part 1: Securitization Market Trends Securitization issuance, including agency and non-agency mortgage-backed securities (MBS) and asset-backed securities (ABS), totaled $1.9…
FINRA Rule 4210 to Establish Margin Requirements in the TBA Market
SIFMA provides comments to the Securities and Exchange Commission (SEC) in response to SR-FINRA-2015-036, a proposal by FINRA to amend…
HOA Super Lien
SIFMA and several other trade associations submitted a statement of principles related to homeowner’s association (HOA) super liens. The letter…
FINRA Rule 4210 regarding Margin Requirements for TBAs/Agency MBS
SIFMA provides comments to the Securities and Exchange Commission (SEC) on FINRA’s proposal to implement margin requirements for forward settling…
FINRA Rule 4210 regarding Margin Requirements for TBAs/Agency MBS
SIFMA's Asset Management Group (SIFMA AMG) provides comments to the Securities and Exchange Commission (SEC) on FINRA’s proposal to implement…
Marketplace Lending
SIFMA provided comments to the Department of the Treasury (Treasury) in response to its request for information on marketplace lending. SIFMA's…
FINRA Regulatory Notice 15-04
SIFMA provides comments to FINRA’s proposal to expand dissemination of TRACE data to include additional Securitized Products, specifically, collateralized mortgage…
Ratings in European Securitization, Third Quarter 2014
About the Report The European Ratings in Securitization is a country level snapshot of the securitisation markets in Europe by…
Margin Requirements for Securitization Swaps
SIFMA provided supplemental comments to multiple agencies, including the Commodity Futures Trading Commission (CFTC) and U.S. prudential regulators, regarding a…
Extending the Mortgage Debt Forgiveness Tax Relief Act
SIFMA with other associations letter to the Senate on extending the Mortgage Debt Forgiveness Tax Relief Act. SIFMA signed with:…
Extending the Mortgage Debt Forgiveness Tax Relief Act
SIFMA with other associations letter to the House on extending the Mortgage Debt Forgiveness Tax Relief Act. SIFMA signed with: American…
Development of Responsible Private Label Securities Market
SIFMA provides comments to the U.S. Treasury Department's consultation regarding the development of a functioning private-label securities (PLS) market. SIFMA…
FHFA Guarantee Fees
SIFMA provides comments to the Federal Housing Finance Agency (FHFA) on Fannie Mae and Freddie Mac guarantee fees ("g-fees"). SIFMA…
Proposal to Combine Ginnie Mae I and II Programs
SIFMA and the Mortgage Bankers Association (MBA) provide comments to the Government National Mortgage Association (GNMA) in response to their…
Amendment to S1217
SIFMA and Other Associations Submit Comments to Senate Banking Committee Chairman Tim Johnson and Ranking Member Mike Crapo in support…
Dissemination of Asset-Level Data
SIFMA and The Financial Services Roundtable (FSR) provide further comments to the Securities and Exchange Commission (SEC) regarding the dissemination…
Draft RTS on Information for Structured Finance Instruments
SIFMA provides comments to the European Securities Markets Authority (ESMA) on the Consultation Paper on CRA3 Implementation, Draft Regulatory Technical…
Proposed Amendments to FINRA Rule 4210 for Transactions in the TBA Market
SIFMA provides comments to the Financial Industry Regulatory Authority (FINRA) on proposed amendments to FINRA Rule 4210, which would establish…
Dissemination of Asset-Level Data
SIFMA and The Financial Services Roundtable (FSR) provide comments to the Securities and Exchange Commission (SEC) on CFTC’s February 25,…
Liquidity Coverage Ratios Relating to Securitization
SIFMA and the Structured Finance Industry Group (SFIG) provide comments to the Office of the Comptroller of the Currency (OCC), the…
Kenneth E Bentsen, Jr on the Impact of the Volcker Rule on Jobs
SIFMA President and CEO Kenneth E Bentsen, Jr. testifies before the U.S. House Financial Services Committee on the impact of…
Third Letter to US Federal Regulators on Ownership Interests in Connection with Certain CLO Debt Securities
SIFMA, the Loan Syndications and Trading Association (LSTA), the Structured Finance Industry Group (SFIG), and The Financial Services Roundtable (FSR)…
Proposed Rule Concerning Risk Retention & the Implementation of the Dodd-Frank Act
SIFMA, the Loan Syndications and Trading Association (LSTA), and the Structured Finance Industry Group (SFIG) provide comments in response to…
Additional Comments on Ownership Interests in Connection with Certain CLO Debt Securities
SIFMA, the Loan Syndications and Trading Association (LSTA), the Structured Finance Industry Group (SFIG), and The Financial Services Roundtable (FSR)…
Ownership Interests in Connection with Certain CLO Debt Securities
SIFMA, the Loan Syndications and Trading Association (LSTA), the Structured Finance Industry Group (SFIG), the American Bankers Association (ABA), and…
Housing Finance Reform
SIFMA provides comments to the U.S. Senate Banking, Housing and Urban Affairs Committee responding to questions posed by the Committee…
Michael Canter on Housing Finance Reform
Written Statement of Michael Canter, Ph.D, Senior Vice President and Director of Securitized Assets, AllianceBernstein on behalf of the SIFMA…
Multiple Federal Agencies on Credit Risk Retention
SIFMA, the American Bankers Association (ABA), the ABA Securities Association, and The Financial Services Roundtable (FSR) provide comments to the Office…
AMG on Credit Risk Retention
The Asset Management Group of SIFMA (SIFMA AMG) provides comments to the Office of the Comptroller of the Currency (OCC),…
Requesting an Extension of Comments on Credit Risk Retention
SIFMA, the Association for Financial Markets in Europe (AFME) , and the Structured Finance Industry Group (SFIG) submit comments to the Board of…
Principles for GSE Reform
SIFMA provides comments to the U.S. Senate Banking Committee leadership recommending principles for reforming the U.S. housing finance system, including…
Opposing the Use of Eminent Domain to Acquire and Refinance Underwater Mortgage Loans
SIFMA and 11 associations* provide comments to the US Congress strongly opposing proposals being consider by some U.S. municipalities to…
Residential Real Estate Mortgage Foreclosure Process and Protections
SIFMA provides comments to the Uniform Law Commission (the Commission) pertaining to the Commission’s discussion draft, Residential Real Estate Mortgage Foreclosure Process…
The SEC’s Credit Ratings Roundtable
SIFMA provides feedback to the Securities and Exchange Commission (SEC) in addition to SIFMA's participation in the SEC's Credit Ratings…
Opposing the Use of Eminent Domain in Pomona, CA
SIFMA and 21 associations provide comments to the Mayor and City Council of Pomona, California strongly opposing any proposal that…
Opposing the Use of Eminent Domain in San Joaquin, CA
SIFMA and 21 associations provide comments to the Mayor and City Council of San Joaquin, California strongly opposing any proposal…
Opposing the Use of Eminent Domain in La Puente, CA
SIFMA and 21 associations provide comments to the Mayor and City Council of La Puente, California strongly opposing any proposal…
Opposing the Use of Eminent Domain in Orange Cove, CA
SIFMA and 21 associations provide comments to the Mayor and City Council of Orange Cove, California strongly opposing any proposal…
Opposing the Use of Eminent Domain in El Monte, CA
SIFMA and 21 associations provide comments to the Mayor and City Council of El Monte, California strongly opposing any proposal…
SIFMA Statement on Housing Finance Reform
SIFMA submits this statement for the record to the U.S. House Financial Services Committee (HFSC) for the hearing, Building a…
Greenberg Traurig: Memorandum on Brockton, MA Eminent Domain Takings of Mortgage Debt
SIFMA requested the firm of Greenberg Traurig review the authority of the City of Brockton under Massachusetts statutory law and the Massachusetts…
Discouraging the Use of Eminent Domain in Richmond, California
SIFMA and the SIFMA Asset Management Group provide comments to the Mayor and City Council Members of Richmond, California discouraging…
Discouraging the Use of Eminent Domain in La Puente, CA
SIFMA and the SIFMA Asset Management Group provide comments to the Mayor and City Council Members of La Puente, California discouraging the use eminent…
No-Action Relief for CPO Registration
SIFMA provides comments to the Commodity Futures Trading Commission (CFTC) requesting an extension of the time limited no-action relief for Commodity…
Discouraging the Use of Eminent Domain in North Las Vegas, NV
SIFMA and the SIFMA Asset Management Group provide comments to the Mayor and City Council Members of North Las Vegas, Nevada discouraging the…
Plans to Study the Use of Eminent Domain to Seize Troubled Mortgages
SIFMA and SIFMA's Asset Management Group (AMG) provide follow-up comments the Brockton, Mass. City Council opposing the use of eminent domain…
Opposing the Use of Eminent Domain to Seize Mortgage Loans in Brockton, MA
SIFMA provides comments to the Brockton, MA City Council cautioning against the idea of using eminent domain to seize mortgage loans from…
Building a New Infrastructure for the Secondary Mortgage Market
SIFMA provides comments to the Federal Housing Finance Agency (FHFA) on the Agency's October 4, 2012 White Paper, Building a New Infrastructure…
Temporary Exclusion for Investments in Securitizations
SIFMA, Investment Adviser Association (IIA), Investment Company Institute (ICI) and the Managed Funds Association (MFA) provide comments to the Commodity…
TRACE Dissemination Issues
SIFMA provides comments to the Financial Industry Regulatory Authority (FINRA) on Trade Reporting and Compliance Engine (TRACE) dissemination issues. SIFMA focuses…
Applicability of Commodity Pool Regulation to Insurance-Linked Securities
SIFMA provides comments to the Commodity Futures Trading Commision (CFTC) on the applicability of commodity pool regulation to insurance-linked securities…
Relief to Address Legacy Structured Finance Transactions
SIFMA and the American Securitization Forum (ASF) provide comments to the Commodity Futures Trading Commission (CFTC) requesting for relief to…
Proposals to Revise the Regulatory Capital Framework for US Banking Organizations
SIFMA, the American Bankers Association (ABA) and the Financial Services Roundatable (FSR) provide comments to multiple federal agencies on proposals…
Fixed Income Clearing Corporation’s Mortgage-Backed Securities Division
SIFMA, the American Bankers Association (ABA), and the Financial Services Roundtable (FSR) submit comments to provide comments to multiple federal…
The Use of Eminent Domain to Restructure Performing Loans
SIFMA and 25 other associations provide comments to the Federal Housing Finance Agency (FHFA) on the use of eminent domain to…
The Use of Eminent Domain to Restructure Performing Loans
SIFMA provides comments to the Federal Deposit Insurance Corporation (FDIC) on the use of eminent domain to restructure performing loans. SIFMA shares…
The Use of Eminent Domain to Restructure Performing Loans
SIFMA provides comments to the U.S. Department of Treasury (Treasury) on the use of eminent domain to restructure performing loans. SIFMA…
The Potential Applicability of Commodity Pool Regulation to Securitization Transactions
SIFMA provides comments to the Commodity Futures Trading Commission (CFTC) on the potential applicability of commodity pool regulations to securitization…
Timothy W. Cameron, Esq. on Eminent Domain Proposal
Statement of Timothy W. Cameron, Esq., Managing Director of the SIFMA Asset Managers Group, before the Joint Committee on Finance,…
Proposed Use of Eminent Domain by California Municipalities to Seize Mortgage Loans Held in MBS
SIFMA provides comments to the Board of Governors of the Federal Reserve System, and the U.S. Departments of Treasury and…
A Legal Analysis of the Eminent Domain Proposal
SIFMA provides comments and a legal analysis performed by O’Melveny & Myers to the California Homeownership Protection Program Joint Powers Authority (JPA) on an…
A Legal Analysis of the Eminent Domain Proposal in Ontario, CA
SIFMA provides comments and a legal analysis performed by O’Melveny & Myers to the City Council of Ontario California on an eminent…
A Legal Analysis of the Eminent Domain Proposal in San Bernardino, CA
SIFMA provides comments and a legal analysis performed by O’Melveny & Myers to the San Bernardino County California Board of Supervisors on an…
A Legal Analysis of the Eminent Domain Proposal in Fontana, CA
SIFMA provides comments and a legal analysis performed by O’Melveny & Myers to the City Council of Fontana California on an eminent domain proposal. …
Timothy W. Cameron, Esq. before a Special Meeting of the California Join Powers Authority
Statement of Timothy W. Cameron, Esq. Managing Director, SIFMA Asset Managers Group during a special meeting of the Homeownership Protection Program…
The Joint Powers Agreement of the Homeownership Protection Plan in Ontario, CA
SIFMA and 17 other organization provide comments to the City Council of Ontario, California strongly objecting to the Joint Powers Agreement…
The Joint Powers Agreement of the Homeownership Protection Plan in Fontana, CA
SIFMA and 17 other organizations provide comments to the City Council of Fontana California strongly objecting to the Joint Powers…
The Joint Powers Agreement of the Homeownership Protection Plan in San Bernardino County, CA
SIFMA and 17 other organizations provide comments to the San Bernardino County Board of Supervisors strongly objecting to the Joint…
Opposing AB 278 & SB 900
SIFMA and 7 other associations provide comments to the California Conference Committee tasked with reconciling Assembly Bill 278 (Eng et al.)…
FHFA’s Strategic Plan for Fiscal Years 2013-2017
SIFMA provides comments to the Federal Housing Finance Agency (FHFA) on its draft Strategic Plan: Fiscal Years 2013-2017. SIFMA strongly…
The Volcker Rule and Securitization
SIFMA provides supplemental comments to the Board of Governors of the Federal Reserve System, the Securities and Exchange Commission (SEC),…
Nicole Tanguy on Proposed Regulations on FATCA Implementation
Nicole Tanguy, Director and Tax Counsel, Citigroup, Inc. testifies on behalf of SIFMA before the Internal Revenue Service (IRS) for…
State Senate & Assembly Financial Services Bills
SIFMA provides comments to the California Conference Committee on Assembly Bill 278 and Senate Bill 900 on how the mortgage…
FINRA Proposal to Implement Dissemination of Trade Information for MBS Specified Pools through TRACE Reporting System
SIFMA provides comments the Securities and Exchange Commission (SEC) on the Financial Industry Regulatory Authority's (FINRA's) Notice of Filing of…
FATCA Provisions
SIFMA provides comments to the U.S. Department of Treasury and the Internal Revenue Service (IRS) on regulations proposed under the…
FATCA Provisions
SIFMA provides comments to the U.S. Department of Treasury on the proposed regulations being developed to implement the provisions of…
Qualified Mortgage Regulation
SIFMA provides comments to the Bureau of Consumer Financial Protection (CFPB) on Qualified Mortgage (QM); Regulation Z; and Truth in Lending; Docket…
Application of the Volcker Rule to Securitization & Insurance-Linked Securities Transactions
SIFMA provides comments to the Comptroller of the Currency, the Board of Governors of the Federal Reserve, the Federal Deposit…
Prohibition Against Conflicts of Interest in Certain Securitizations
SIFMA provides comments to the Securities and Exchange Commission (SEC) on proposed Rule 127B under the Securities Act of 1933…
Risk-Based Capital Guidelines
SIFMA, The Clearing House (TCH), the American Bankers Association (ABA), the Financial Services Roundtable (FSR), the International Swaps and Derivatives…
Premium Capture Provisions for Risk Retention Proposals
SIFMA, as part of a coalition, provides comments to the Board of Governors of the Federal Reserve, the Securities and…
Alternative Mortgage Servicing Compensation
SIFMA, The Clearing House, the Community Mortgage Banking Project, the Housing Policy Council, and the Mortgage Bankers Association provide comments…
Post-Trade Transparency for Agency Pass-Through Mortgage-Backed Securities Traded TBA
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the Financial Industry Regulatory Authority's (FINRA's) proposed rule change…
Alternative Mortgage Servicing Compensation
SIFMA provides comments to the Federal Housing Finance Administration (FHFA) on the FHFA's Alternative Mortgage Servicing Compensation Discussion Paper. SIFMA shares…
FICC’s Proposed Rule to Implement a Central Counterparty for Agency MBS Trades
SIFMA provides comments to the Securities and Exchange Commission (SEC) supporting the Fixed Income Clearing Corporation’s (FICC) rule proposal that would implement…
Companies Engaged in the Business of Acquiring Mortgages & Mortgage-Related Instruments
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the SEC's Concept Release: Companies Engaged in the Business…
Multi Product Platform
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the Financial Industry Regulatory Authority's (FINRA’s) proposed amendments to…
Richard Dorfman on the US Housing Finance System
Testimony of Richard A. Dorfman, Managing Director, Head of Securitization Group, SIFMA, before the House Financial Services Subcommittee on International…
Requirements for Shelf Registration of Asset-Backed Securities
The Asset Management Group (AMG) of SIFMA provides comments to the Securities and Exchange Commission (SEC) on the re-proposed registration and transaction…
Shelf Eligibility Conditions for Asset-Backed Securities
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the re-proposal of shelf eligibility conditions for asset-backed securities, Release…
Definition of Mortgage-Related Security
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the SEC's proposed rulemaking on the definition of a “mortgage-related…
SEC’s Pending Study on Assigned Credit Ratings
The SIFMA Securitization Group (SSG) provides comments to the Securities and Exchange Commission (SEC) on the SEC's Solicitation of Comment…
Thomas Hamilton on the To-Be-Announced Market
Written testimony of Thomas Hamilton, Managing Director, Barclays Capital, on behalf of SIFMA, before the U.S. Senate Banking, Housing, and…
Maintenance of Vacant Property in Chicago, IL
SIFMA provides comments to the Mayor and City Council of the City of Chicago regarding a proposed ordinance that would…
Mortgage-Backed Securities (MBS) Fact Sheet
This fact sheet, prepared by SIFMA, gives an overview on what the Mortgage-backed securities (MBS) market is; how MBS are…
Regulation Z & the Definition of Qualified Mortgage
SIFMA provides comments to the Board of Governors of the Federal Reserve System (Federal Reserve) on proposals relating to amendments…
Global Securitization Update 2010
The SIFMA Global Structured Finance Report offers a consolidated view of the global securitized debt market from 2000-2010. From year-end…
Proposed Agency Debt and Agency MBS Fails Charge Trading Practice
SIFMA provides comments to the Treasury Market Practices Group (TMPG) on Draft Recommended Agency Mortgage-Backed Securities and Agency Debt Securities…
Proposed Rules for Credit Risk Retention
SIFMA provides comments to the Department of the Treasury, Office of the Comptroller of the Currency, the Board of Governors…
Proposed Rules for Credit Risk Retention
The Asset Management Group (AMG) of SIFMA provides comments to the Securities and Exchange Commission, the Treasury Department, the Board…
Joint Proposed Rules Relating to Credit Risk Retention
SIFMA provides comments to the U.S. Department of the Treasury, Office of the Comptroller of the Currency (OCC), the Board…
Principles for Restoring Stability to the Nation’s Housing Finance System
SIFMA, the American Bankers Association, the American Financial Services Association, the Community Mortgage Banking Project, the CRE Finance Council, the…
Orderly Liquidation Authority in Dodd-Frank
The Federal Deposit Insurance Corporation (FDIC) responds to comments filed by SIFMA on avoidance powers under the Orderly Liquidation Authority Title…
Warehouse Lending & Other Loan Funding Mechanisms
SIFMA provides comments to the U.S. Department of Housing and Urban Development (HUD) on warehouse lending and other loan funding…
Orderly Liquidation Authority of the Dodd-Frank Act
SIFMA provides comments to the Federal Deposit Insurance Corporation (FDIC) on the treatment of certain securities interests under the Orderly…
Implementation of the Dodd-Frank Act Relating to Conflicts of Interest
SIFMA provides comments to the Securities and Exchange Commission (SEC) on implementation of Section 621(Conflicts of Interest) of the Dodd-Frank Wall Street…
Proposed Regulations on Asset Backed Securities
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the SEC's proposed regulations on asset backed securities, S7-24-10…
Issuer Review of Assets in Offerings of Asset-Backed Securities
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the proposed rule relating to Issuer Review of Assets…
Disclosure for Asset-Backed Securities
SIFMA provides comments to the Securities and Exchange Commission (SEC) on disclosure for asset-backed securities required by Section 943 of…
References to Credit Ratings
SIFMA provides comments to the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System…
Mortgage Transfer and Securitization Questions and Answers
A SIFMA Q&A document regarding Mortgage Loan Transfers and Securitization. SIFMA rejects sweeping claims that fundamental flaws regarding the transfer…
Static Pool Information Filings & Asset-Backed Securities
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the extension of filing accommodation for static pool information in filings with respect…
Asset-Backed Securities
SIFMA provides comments to the Securities and Exchange Commission (SEC) on a proposed rule relating to asset-backed securities (ABS), Release…
SEC Requesting Interpretive Guidance on the Custody of Client Assets
SIFMA requests further interpretive guidance under Rule 206(4)-2, the Custody of Funds or Securities of Clients by Investment Advisers, under…
Housing Finance System Reform
SIFMA provides comments to the U.S. Treasury Department on housing finance system reform. SIFMA argued the necessity of focusing on…
Assets Transferred by an Insured Depository Institution in Connection with a Securitization
SIFMA provides comments to the Federal Deposit Insurance Corporation (FDIC) on a Notice of Proposed Rulemaking (NPR) regarding the treatment by…
Reporting of Transactions in Asset-Backed Securities to TRACE
SIFMA provides comments to the Securities and Exchange Commission (SEC) on requiring the reporting of transactions in asset-backed securities (ABS) to the…
Conservator or Receiver of Financial Assets Transferred by an Insured Depository Institution
SIFMA provides comments to the Federal Deposit Insurance Corporation (FDIC) in regard to proposed rulemaking on the treatment by the…
SIFMA President and CEO on Systemic Regulation, Prudential Matters, Resolution Authority and Securitization
Testimony of SIFMA President and CEO at the Hearing on: "Systemic Regulation, Prudential Matters, Resolution Authority and Securitization"
Proposed Rule on Assessments
SIFMA and American Securitization Forum (ASF) provide comments to the Federal Deposit Insurance Corporation (FDIC) on proposed rule on assessments,…
Implementation of Temporary Liquidity Guarantee Program
SIFMA provides comments to the Federal Deposit Insurance Corporation (FDIC) on the Interim Rule Implementing the Temporary Liquidity Guarantee Program (TLGP) issued by…
Proposed Guarantee Program for Troubled Assets
SIFMA and the American Securitization Forum (ASF) provide comments to the U.S. Department of Treasury on the development of a program to…
George Miller on Transparency in Accounting
Testimony of George Miller, executive director of the American Securitization Forum (ASF), on transparency in accounting before the Securities, Insurance…
Professional Account Holders Proposal
The Equity Options Trading Committee of SIFMA provides comments to the Securities and Exchange Commission (SEC) on the International Securities…
Loan Modification Proposal
SIFMA provides comments to the Internal Revenue Service (IRS) on describing when mortgage loans in Real Estate Mortgage Investment Conduits…
Mortgage Loans Held in REMICs
SIFMA provides comments to the Internal Revenue Service (IRS) on 9 of Revenue Procedure 2008-28 describing when mortgage loans in…
Proposed Rules for NRSROs
SIFMA's Credit Rating Agency Task Force provides comments to the Securities and Exchange Commission (SEC) regarding proposed rule amendments for nationally recognized…
American Housing and Economic Recovery Act 2008
SIFMA provides comments to the Majority Leader and Minority Leader of the U.S. Senate on the American Housing and Economic Recovery…
Thomas Hamilton on Conforming Loan Limit Increase and Impact on Homebuyers and Housing Market
Testimony on behalf of SIFMA by Thomas Hamilton, Vice Chairman, MBS and Securitized Products Division, Executive Committee at the House…
Home Mortgage Provisions of Regulation Z, Truth in Lending
SIFMA and American Securitization Forum (ASF) provide comments to the Federal Reserve Board of Governors on proposed rule Regulation Z, Truth…
The Minnesota Subprime Foreclosure Deferment Act
SIFMA and the American Securitization Forum (ASF) provide comments to members of the Minnesota House of Representatives urging members to oppose the…
The Role of Credit Rating Agencies in Structured Finance
SIFMA and the European Securitisation Forum (ESF) provide comments to the The Committee of European Securities Regulators (CESR) on the February 2008 CESR…
Minnesota Subprime Foreclosure Deferment Act of 2008
SIFMA and American Securitization Forum (ASF) provide comments to members of the Minnesota House of Representatives on the Minnesota Subprime Foreclosure…
Inclusion of the Securities Market’s Name in Report Filings
The Equity Markets and Trading Committee of SIFMA provides comments to the Securities and Exchange Commission on proposed rule changes…
Michael Decker on The Housing Decline
Statement of Michael Decker, Senior Managing Director, Research and Public Policy at SIFMA, before the Committee on Finance United States…
Mortgage Reform and Anti-Predatory Lending Act of 2007
SIFMA and the American Securitization Forum (ASF) provide its second set of comments to U.S. House Financial Services Committee on…
Emergency Home Ownership and Mortgage Equity Protection Act of 2007
SIFMA and the American Securitization Forum (ASF) provide comments to the leadership of the U.S. House of Representatives Committee on the…
Mortgage Reform and Anti-Predatory Lending Act of 2007
SIFMA and ASF provides its first set of comments to the leadership of the U.S. House Financial Services Committee on…
Home Equity Lending Market & a Proposal to Amend Rules in the Home Ownership Equity Protection Act
SIFMA and ASF provides comments to the Board of Governors of the Federal Reserve System on the home equity lending market…
Mortgage Brokers and Mortgage Lenders Regulations
SIFMA and the American Securitization Forum (ASF) provide to the Massachusetts Attorney General on the Mortgage Brokers and Mortgage Lenders Regulations,…
CESR on Non-Equity Markets Transparency
SIFMA, the European Primary Dealers Association (EPDA) and the European High Yield Association (EHYA) provides comments to the Committee of European…
ASF Sound Practices Concerning Elevated Risk Complex Structured Finance Activities
The American Securitization Forum (ASF) provides comments to the Office of the Comptroller of the Currency (OCC) in the U.S.…
Disclosure Obligations of Certain Derivatives Counterparties
The Bond Market Association (TBMA)*, the International Swaps and Derivatives Association, Inc. (ISDA), and American Securitization Forum (ASF) provide comments to…