yenmeng

Hi - got a question regarding credit risk on loans. I’ve read some of the threads and it seems like your service has its own AI model to assess client risk. Will this be an open-source platform going forwards? And how exactly would this be different from being assigned a FICO score? Also, who is expected to hold PCL in the case of bad debt? The vendor or TOMO?

To be clear, I think the product has a lot of potential but I’m just trying to get a better understanding of the business as whole. Best of luck!

Hi Cornelius, quick question about the eligibility criteria. Does FHLB assess the underlying mortgages that members are funding? I believe a similar program in Canada exists (NHA MBS/CMB program) however there are very stringent requirements on what can and cannot be funded.

What do you think about the news that North Korea may be creating biological weapons in their research facilities. Should we be worried that they may have enough stockpiled to cause significant damage to other countries?

Thanks! Isn’t there a concern that the collateral being held is low-quality though i.e a similar situation to the ‘07-08 crisis? Another question - how can an institution qualify to become a FHLB member? Can anyone apply or are there some sort of capital requirement?

Very interesting, this has been insightful. Thank you!