When the world needed a vaccine for COVID-19, corporations around the globe raced to develop one. Governments poured billions of dollars into drug companies to subsidize a speedy introduction of a safe and effective vaccine. And it worked. Less than 10 months later, people around the world started receiving the first shots.
Center for Financial Policy
Living through a climate-related disaster can be a harrowing experience for anyone. For professional money managers, it can even impact their investment decisions, according to recent research from the Center for Financial Policy (CFP) at the University of Maryland’s Robert H. Smith School of Business.
New research from Maryland Smith finance professor Russell Wermers rebuts a critique of another paper he and two co-authors published in 2010 that introduced a new way to evaluate mutual fund performance.
New research from the University of Maryland’s Robert H. Smith School of Business pioneers a way to sift through the thousands of active mutual funds to winnow them down to a set of the best ones to invest in.
SMITH BRAIN TRUST – How will a Joe Biden presidency affect the American economy, and what will it mean for the U.S. role in global economies, including China’s?
SMITH BRAIN TRUST – The Consumer Financial Protection Bureau appears to have missed an opportunity to correct a nagging issue in its definition of a qualified mortgage, Maryland Smith's Clifford Rossi writes in HousingWire. And it goes to the heart of the borrower’s ability to repay.
SMITH BRAIN TRUST – Recent COVID-prompted Federal Reserve actions, fiscal policy responses, forbearances and foreclosures moratoriums have affected the reliability and stability of mortgage finance data models -- and the industry more broadly.
SMITH BRAIN TRUST – The question of when to refinance is often a slightly complicated one, but with mortgage rates at years-long lows, you might think that everyone would be gathering up their documents and getting a new loan that will let them draw money out of their homes or pay them off faster.