Tag Archives: Home Equity Securitization

The History of Housing Finance

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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.