Whether jay powell will cut Interest Rates further. And big earnings on deck, disney and wynn after the bell joining us courtney. Tell us how youve navigated the last 24 hours. You know, its been really, really interesting when you look at where the vix has been in august, were hitting 25 i think in july we ended around 12 that volatility is incredibly interesting. For someone like me thats looking to buy positions on the dip that i think are quality positions to buy and hold, it was a really good time in my opinion to do that interestingly enough on our desk at Loop Capital Markets we saw a tremendous amount of low, probably in the overnight markets, probably the most active weve seen all year. Buying or selling interestingly enough, buying. Some very balanced program bus we also saw a number of our fundamental clients buying in developed markets and a little bit of selling or less buying, well say, in some of the emerging markets so were starting to see some of that flight to quality
Event, and thanks sponsoring, i should say, and thanks to all the folks at urban who helped to put this on. As you can imagine, an event of this size is neither inexpensive nor easy to pull off, so thanks, everybody, for the help. Tonight well have two panels that will run until roughly 7 45 and then well have another reception until about 8 15, plus or minus. Ill say a few words to sort of tie the thinking behind the two panels together, and then well wade right in to the first panel. But again, thank you guys for coming, for braving the heat and the 5 00 traffic. This is a fun way to kick off the urban space. I will note that the picture behind the title is unintentionally ironic. We say administrative reform. We mean that which can be done without the help of the building behind it, so keep that in mind as you hear us. So for the last 10 years of debate over Housing Finance reform, much of the focus has been on how to reduce the dominance of fannie and freddie in the system. So whet
Now, i know that the end of the last panel, or the first panel, they got a little bit into credit risk, so they tried to take our territory, and this one should be better, so everyone should understand that. I just, maybe ill introduce the panelists first. It is going from my last, to the far left, mike calhoun first, the president for the center for responsible lending, and then dana ganford now the ceo of the Global Mortgage Group at rg capital. And lori goodman is next, here at the urnen institute, she is the Vice President for Housing Finance policy and then last is David Finkelstein who is the chief Investment Officer for analy capital management. And i think we start with lori who has a couple of slides, and will take us through some of the data on history and development in credit Risk Transfer. Yes, just for a very short time, i think you did such a good job of mentioning, credit Risk Transfer actually started in 2012. And the idea was to reduce the overall risk of fannie and f
Now a look at the impact of freddie mac and fannie mae on the 2008 housing crisis and the current role in the housing and mortgage markets. The are been institute in washington hosted this one our discussion. [inaudible conversations] the second panel, we have panelists talking about this version of risk. I know the end of the last panel, the first panel they got a little bit of a credit risk so they tried to take our territory, this one is better so everyone should understand that. I will introduce the panelists first. Going from my left to the far left. The Global Mortgage Group in orange capital, and the Vice President have Housing Finance policy and david finkelstein. We start with laurie, through the data on history and development in credit Risk Transfer. It is a job of mentioning, started in 2012 and the idea is to reduce the overall risk of fannie and freddie, reduce the risk to the taxpayer and put private Capital First and basically grew enormously so there was 90 billion of
Biometric features like the iris or fingerprints are unique and cant be changed. Thats why they are used to provide secure protection for passports mobile phones and bank account. Book these features are easily accessible we leave fingerprints every time we touch something so our biometric feature is really secure after all theyre often used to protect some of our most Sensitive Data. To i. D. Companies and Government Agencies do a proper job of protecting biometric data from Cyber Attacks or are the criminals one step ahead. What happens when that data falls into the wrong hands. A growing number of people are using biometric data to access digital devices like mobile phones. The data are easy to use and you cant forget that as you might a password. But most people dont realize that when they access their devices they leave a data trail. Reminds how do you unlock your phone which in fact my finger fingerprint is the phase a fingerprint its safer and i think its safer if i use a the ph