Tag Archives: Elen Callahan

The History of Housing Finance

Posted on by

I was happy to present on the History of Housing Finance as part of the Structured Finance Association’s SF Academy series, hosted by Elen Callahan, the SFA’s Head of Research & Education. You need to sign up to access the SF Academy content (although I have covered similar content in many other venues) for those who do not want to bother). The SFA website states that the

The Structured Finance Association (SFA) has launched a new structured finance education program, the SF Academy. Every other week, new content will be added to our inaugural Bootcamp Series.

Our Level 1 Modules are designed to introduce the fundamentals of securitization and various securitized asset classes. Through accessible explanations and real-life examples to practitioners of all levels.

General topics to include:

    • History of Housing Finance
    • Utility of Indices
    • Legal Principles of Securitization
    • Lifecycle Of a Private Asset-Based Finance Deal

Specific asset classes to be explored include:

    • Asset-Backed Commercial Paper (ABCP)
    • Aircraft Asset-Backed Securities (ABS)
    • Commercial Property-Assessed Clean Energy (C-PACE)
    • Collateralized Loan Obligations (CLOs)
    • Fiber Asset-Backed Securities (ABS)
    • Home Equity Securitization (HES)
    • Leveraged Loans
    • Private Student Loan Asset-Backed Securities (ABS)
    • Triple Net Lease Asset-Backed Securities (ABS)

Enrollment in the SFAcademy is open to all. Once your enrollment is confirmed, you will have access to view our full curriculum; however, please note that access to SFAcademy courses is limited for non-members.

Level 1: Housing Finance

By the end of this session, you will understand:

    • How housing finance has changed since the 19th century.
    • The role of the federal government in housing finance.
    • Some of the challenges we face in building a housing finance system that serves the broad swath of households.

Structured Finance Journal Launch

Posted on by

Image preview

I am excited to be part of the launch of the Structured Finance Journal (SFJ), a double-blind, peer-reviewed publication dedicated to advancing the practices within the structured fixed-income markets. The press release continues,

SFJ is more than just a platform for publishing research—it is a collaborative effort led by an esteemed editorial board and guided by a distinguished advisory council, ensuring the highest quality and relevance of the work we publish.

In tribute to the highly respected but now defunct Journal of Structured Finance, formerly edited by Mark Adelson, we believe in the power of original research to drive practical applications and foster innovation in the field. SFJ is designed for professionals who are dedicated to contributing valuable insights that will help shape the industry’s future.

We invite submissions from industry experts and academics alike. If you have research that offers fresh insights and practical implications, we want to hear from you. Manuscripts should be between 2,500 and 3,500 words, excluding abstracts and references, and must be original work that has not been previously published or is under consideration elsewhere.

In line with our commitment to integrity and transparency, any use of AI tools in your manuscript should be limited to mechanical tasks like editing or citation management, with full disclosure required. Our strict guidelines ensure that only high-quality, relevant, and ethically produced research is featured in the journal.

Submissions must adhere to the Chicago Manual of Style (CMS) for formatting, with specific requirements for typography and content organization. We encourage authors to carefully structure their work, starting with a clear and concise title and abstract, followed by a compelling introduction, organized headings, and a well-rounded conclusion. Exhibits should be properly sourced, and permissions obtained for any previously published material. Details may be found on our online submissions platform.

Join us in advancing the structured finance industry by sharing your expertise and research. Submit your manuscript today and contribute to the growing body of knowledge that SFJ proudly supports. Please contact Elen Callahan at elen.callahan@structuredfinance.org with your questions and interest.

I am excited to join Elen Callahan and the other members of the Editorial Board in this venture:

Mark Adelson, Independent Consultant Content Director, Portfolio Management Research

William Black, Founder and Principal, Black Analytics

Nicole Byrns, Founder and Principal, Dumar Capital

Chun Lin, Managing Director and Head of U.S. Residential Mortgage Modeling, Bank of America

Debra Lofano, Partner, Alston & Bird LLP

Phillip Millman, Advisor, Federal Housing Finance Agency

Tim O’Neil, Managing Director and Head of Canadian Structured Finance, Morningstar DBRS

David Reiss, Clinical Professor of Law & Research Director of the Blassberg-Rice Center for Entrepreneurship Law, Cornell Law School & Cornell Tech

Jeff Schwartz, CFA, Securitized Products Investor