Wednesday , 18 September 2019

Clifford Rossi

Clifford Rossi
Clifford Rossi (PhD) is Professor-of-the-Practice and Executive-in-Residence at the Robert H. Smith School of Business, University of Maryland, and a Principal of Chesapeake Risk Advisors, LLC. He has nearly 25 years of experience in financial risk management, having held a number of C-level positions at major banking institutions. Prior to his current posts he was the chief risk officer for Citigroup's North America Consumer Lending Division.

Comprehensive Reform Is Needed to Reduce Mortgage Risk

This article was first published on Garp.org and can be found here. The conservatorships of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac — one of the last major unresolved matters of the financial crisis – have recently received heightened attention. Policymakers are now awaiting an Administration announcement on GSE reform, which many expect to feature privatization of each company. However, while releasing …

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The Collateral Valuation Battle: Will Technological Improvements Actually Lead to Greater Mortgage Risk?

This article was first published here. Over the last decade, the US housing market has made a slow recovery of sorts, most notably reaching a major milestone almost a year ago when the S&P/Case-Shiller US National Home Price Index surpassed its pre-crisis peak level. This overall picture of health, however, belies a spottier record at the local market level, and …

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