Will the effects be positive, negative or negligible? Some of the immediate effects in the U.S. have already been seen. In the aftermath of the shock referendum result, long-term interest rates on mortgages have fallen sharply. Many homeowners are grabbing the opportunity to refinance their loans, but others might hold back on buying homes, although there is no need to …Read More »
Dr. Oonagh McDonald CBE
Dr. Oonagh McDonald, CBE, is an International Regulatory Consultant in London. She is a former Member of Parliament and former member of the Board of the Securities and Investments Board and the Financial Services Authority. Dr. McDonald chaired an independent inquiry: Balancing Risk and Reward: Recommendations for a Sustainable Valuation Profession in the UK. Study for the Royal Institution of Chartered Surveyors, 2013-2014. She authored, Fannie Mae and Freddie Mac: Turning the American Dream into a Nightmare, Bloomsbury, 2012. Lehman Brothers: A Crisis of Value, Manchester University Press, 2016. In 1998 she was awarded the CBE (Commander of the British Empire) for her services to financial regulation and to business.