Center for Financial Policy News

April 24, 2015
New AG to Keep Heat on Mortgage Lenders, Smith Expert says

SMITH BRAIN TRUST -- Newly confirmed U.S.

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April 22, 2015
'Say on Pay' Curbs Excessive Compensation—in Some Cases

SMITH BRAIN TRUST -- Say on Pay, which gives shareholders a nonbinding vote on executive compensation, leads companies to reduce excessive pay in certain circumstances.

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April 16, 2015
Bankers' Catch-22: Lending to People Lacking Credit Histories

SMITH BRAIN TRUST -- Borrowers live or die by their FICO scores — numbers that offer a snapshot of how reliable they've been in paying back their debts. But some 53 million Americans don't have such scores because their credit history is thin or nonexistent.

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April 15, 2015
Seven Keys to Understanding the Strong Dollar

By Kristen Fanarakis

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April 2, 2015
Getting Paid to Deliver Unwelcome Services

Bank executives sometimes viewed Smith professor Cliff Rossi as a killjoy during the buildup to the 2008 global economic meltdown. As chief risk officer at several of the largest U.S. financial institutions, Rossi faced the task of raising unwelcome concerns when banks started setting aside traditional safeguards and packaging subprime loans.

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March 26, 2015
Smith Brain Trust Delivers Bite-Sized Business Insights

COLLEGE PARK, Md. (March 26, 2015) — Working professionals with an interest in the Washington, D.C., region have a new source for bite-sized business insights, delivered weekly to their inboxes from the University of Maryland’s Robert H. Smith School of Business.

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March 25, 2015
Analysis Group Taps Russ Wermers

Russ Wermers, professor of finance at the University of Maryland’s Robert H. Smith School of Business, will provide expertise, as an affiliate, to one of the largest economic consulting firms in North America.

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February 24, 2015
Why Freddie Mac Should Slow Down

SMITH BRAIN TRSUT -- Smith Executive-in Residence and Professor of the Practice Cliff Rossi has raised concerns as mortgage underwriting giant Freddie Mac recruits traders from the likes of Citi, Bank of America and Credit Suisse to place new housing wage

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February 23, 2015
Smith's Rossi Tapped by Mortgage Insurer

Radian Group Inc., has appointed Smith finance professor Cliff Rossi as senior vice president and chief economist. In this position, Rossi will be responsible for research, forecasts, quantitative analysis and financial modeling of mortgage insurance portfolio and the housing and mortgage markets of 

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January 18, 2015
How to Bring Our Zombie Housing-Finance System Back to Life

SMITH BRAIN TRUST -- Since 2008 the United States has had a zombie mortgage-financing system, former bank executive Cliff Rossi writes today in a

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