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Cross Country Mortgage

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ExistBI Provide Unique Tableau Consulting for Lamps Plus

Exist Management LLC (ExistBI) Provide Business Intelligence And Data Analytics Services To Lamps Plus

This press release was orginally distributed by ReleaseWire

Los Angeles, CA -- ( ReleaseWire ) -- 07/05/2018 -- ExistBI are excited to announce their recent unique Tableau consulting and support engagement with Lamps Plus. Lamps Plus is a privately-owned coperation that designs, manufacturers and sells lamps. The company operates over 40 sites and is a worldwide enterprise with headquarters in Los Angeles, California. The company was searching for a unique Tableau solution for managing their various forms of data within the Tableau platform, this solution involved additional layers of security. The solution is not provided by Tableau and had to be developed for the customer. ExistBI were able to provide a detailed work proposal that exceeded their expectations. The team initially created a solution which configures an information barrier to prevent exchanges or communication that could lead to conflicts of interest. ExistBI would then continue supporting Lamps Plus with daily Tableau administration and workbook development tasks.

End of conservatorship? Trump administration proposes privatizing Fannie Mae, Freddie Mac

According to the proposal, competition to the “duopolistic role” of the privately owned GSEs would be an “essential” piece of the reform plan in order to “decrease moral hazard and risk to the taxpayer.”

Under the plan, Fannie, Freddie, and “other competitive entrants” would have access to an “explicit Federal guarantee” for mortgage-backed securities they issue, which is only “exposed in limited, exigent circumstances.”

According to the plan, that explicit guarantee would be “on-budget and fully paid-for.”

The administration claims that would also “ensure that the government’s role is more transparent and accountable to taxpayers, minimize the risk of taxpayer-funded bailouts, and ensure that mortgage credit continues to be available in times of market stress for creditworthy borrowers.”

It appears that the plan is part of a move to increase private market competition in the mortgage finance system.

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