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Principal Agent Dilemma


July 9, 2019


I am an unrepentant game theory nerd. I have been accused of thinking in its terms and am at it again. In the most recent “View from the Corner Office” our CEO, Tom Scalici wrote about open architecture and the importance of having an independent consultant to guide your investment program.

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The Future of GSEs


June 25, 2019


Homeownership has been a core component of the American dream since its founding. As such, the federal government has long supported policies promoting affordable housing financing. On this topic, we could rehash history: Fannie Mae and Freddie Mac, government sponsored entities (“GSEs”)[1], would have benefitted from better underwriting of the debts they were guaranteeing.

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