The Center for Financial Policy held its spring roundtable, “Revitalizing the U.S. Mortgage Market” on May 24, which explored the issues leading to the conservatorship of mortgage giants Fannie Mae and Freddie Mac. The roundtable provided an opportunity for exchange of views on the diagnosis and policy reforms of the
New York, NY (May 26, 2010) – Multiple factors including poor data, incomplete performance metrics, and, short-term focus and unrealistic optimism among senior business managers contributed to the collapse in the US housing and mortgage markets, according to a study released today by the Mortgage Bankers Association (MBA).
College Park, Md. – May 25, 2010 – The University of Maryland’s Robert H. Smith School of Business announced it has received a $1.5 million four-year grant from the U.S. Department of Education to operate its Center for International Business Education and Research (CIBER). Funds are awarded in a national competition held every four years and the current grant will fund the center until 2014.