Conspicuously absent from all the chatter around blockchain’s potential place in structured finance has been much discussion around the thorny matter of consensus. Consensus is at the heart of all distributed ledger networks and is what enables them to function without a trusted central authority. Consensus algorithms are designed to prevent fraud and error. With large,…
As 2017 winds down and American households seek to figure out optimal withholding strategies under the new tax law, we've been contemplating which 2017 trends are likely to persist into 2018 and what looks to be new on the horizon. Here are few of them. The end of DFAST as we know it? The proposed...ShareTweetShare
During last week’s SFIG Residential Mortgage Finance Symposium, I moderated a panel on best practices in disclosure and reporting data related to private-label mortgage securities. We discussed many of the challenges confronting issuers, investors, rating agencies, and the industry with sharing relevant data in general and with implementing the SEC’s Regulation AB II requirements in particular….