SIFMA, the American Securitization Forum (ASF), the Financial Services Roundtable (FSR), the Housing Policy Council, and the Mortgage Bankers Association (MBA) provide comments to the Chairman and the Ranking Member of the U.S. Senate Banking, Housing and Urban Affairs Committee on mortgage financing market as the Committee examines issues related to subprime mortgage financing.  The group outlines a collective review of how the market is responding, initiatives being undertaken by the organizations and the group’s thoughts on potential policy options that Congress and regulators may be considering.