RMBS 3.0 and SFIG

Hey, SFIG is right, securitization IS an essential source of core funding for the real economy.

We are excited that DealVector can be a part of several SFIG (Structured Finance Industry Group) working groups driving toward a better RMBS 3.0 product. Meetings have just begun. We are on three committees: 1 -Reps, Warranties and Repurchase Enforcement, 2 – Due Diligence, Loan Review, Data and Disclosure, and 3 – Trustee and Bondholder Communications.

Obviously we have a lot to say about Bondholder Communications especially. But the truth is all of these topics are critically important to get right. SFIG is off to a good start and we commend them for putting this process in motion.

Of course, these themes resonate with a lot of the activity we are seeing on DealVector, too. Call for color on some of the situations we are pursuing.

SFIG was founding this past year and has over 200 institutions as members. If you are involved with structured finance you should be involved with SFIG. (sfindustry.org)