Finance

Theology

Today Forbes published an article on the role of lenders’ over-reliance on FICO scores in the current mortgage crisis.  Reporter Michael Maiello concurs with several conclusions from “Subprime Strikeout“ regarding over-emphasis on…

Read More Forbes on FICO

Finance

Normally an afternoon of baseball at Busch Stadium is a delight.  But after today’s game, I’m trying to figure out how to request a refund;  the Cardinals didn’t even show up for this…

Read More 42,238 refunds, please

Uncategorized

I am aware there have been rumors circulating that I would attempt a triathlon this season. Indeed, the rumors were true – I had begun training in earnest.  To be…

Read More The Triathlon Rumor

Personal

Christian Science Monitor reporter Ron Scherer published an article detailing the magnitude of the interest rate resets subprime borrowers are facing, the difficulties they will have in making their reset…

Read More Subprime Loans Face Big Hikes

Finance

Finance

Finance

Today I published “Subprime Strikeout: Assessing the Subprime Mortgage Market”. The paper is co-authored by Jon Thompson and Lena Harhaj, colleagues of mine in the Structured Finance group at Advantus…

Read More “Subprime Strikeout” Published

Finance

I just returned home from a business trip to Buffalo, NY.  The majority of the meetings I attended were held in a room named for President Millard Filmore.  Surprisingly, the…

Read More Poor Millard Filmore

Uncategorized