Smith Enterprise Risk Consortium Announces New Mortgage Risk Indexes
The Smith School's Enterprise Risk Consortium introduces two mortgage risk indexes: the Mortgage Credit Risk Index (MCRI) and Mortgage Redtail Risk Index (MRRI). MCRI measures 3-5-year default risk on GSE-eligible loans, while MRRI identifies loans with high-risk factors, aiding lenders, investors, and regulators in assessing mortgage credit risk and adverse selection.
Risk Matters: Stabilizing Homeowners Insurance via a Private-Public Capital Market Solution
Clifford Rossi argues that the homeowners insurance market is unraveling due to rising natural disaster risks. He proposes a government-sponsored entity to centralize hazard insurance, improving risk management and financial stability.
QUEST Honors Program Sees 48% Increase in 2024-2025 Cohort Applications
The QUEST Honors Program at the University of Maryland attracts top students from business, engineering, and science disciplines, offering a selective, dynamic learning experience. With a 48% rise in applications this year, QUEST fosters teamwork, innovation, and leadership through experiential projects and interdisciplinary collaboration.
CEO at Smith: Commanders’ Josh Harris Shares Career Lessons on Leadership, Risk and Resilience
Josh Harris, managing partner of the Washington Commanders, shared leadership insights during the CEO at Smith event. He highlighted the importance of hiring top talent, controlling one’s narrative, taking calculated risks, and learning from failures to build lasting success.
Smith Experts Explain Google Antitrust Implications
Google faces major antitrust cases for monopolizing digital advertising and search. Research Professor Kislaya Prasad suggests that ending exclusive agreements could increase competition, while Associate Professor Bobby Zhou emphasizes breaking up business units like Google’s search could benefit competitors, advertisers, and consumers.
Introducing New Smith School Faculty Members for the Fall 2024 Semester
The Smith School welcomes new faculty for Fall 2024. These experts will enhance the school's mission by teaching and advancing research in areas such as AI economics, business law, marketing analytics, and financial policy regulation.
Boeing’s New CEO Amid Persisting Turbulence: What it Means Marketwise
Boeing's outlook improves with new CEO Robert Ortberg, despite ongoing National Transportation Safety Board hearings and labor negotiations. Ortberg's proven leadership in aerospace offers optimism for shareholders, while the company faces significant internal and external challenges.
Tackling Risk Challenges in Community Banking
The collapse of regional banks in 2023 revealed widespread risk mismanagement and prompted regulatory scrutiny. Rising interest rates now threaten community banks, highlighting the need for robust management. University of Maryland students investigated these issues in a national case competition with local banks.
UMD Grand Challenges Grant Funds Work to Better Understand How Small Business Thrive
University of Maryland research shows small businesses thrive with high social connections, critical for funding and growth. A study involving over 70 Baltimore small-business owners highlights social capital's importance, revealing it influences financing more than local bank presence or income levels.