Recursion data was quoted in the January 5th, 2021 Debtwire article on GNM Early Buyouts (EBOs). The author used Recursion data to support his assertion that GNM EBO supply is going up. The total CDR, (Constant Default Rate) the involuntary prepayment speed, jumped to 5.4% from 4.9% for nonbank servicers in December 2020 compared to November 2020.
Recursion Co’s Chief Executive Officer Li Chang will give a talk sponsored by PyData Chicago Group, the educational arm of the NumFOCUS non-profit organization on January 21st. Li will introduce how Recursion applies big data technology on Amazon Cloud to drastically cut down data processing time, reduce users’ costs, and bring transparency to the financial markets.
More details can be found at https://www.meetup.com/PyDataChi/events/275326825/
Recursion’s Chief Research Officer Richard Koss was interviewed by HousingWire about the role of policy intervention on the part of the Federal Reserve in supporting secondary market stability at the onset of the Covid-19 crisis. Mr. Koss commented on the market performance during pandemic and the Fed’s actions to stabilize the market.
This full article is accessible through the link below:
Audio Recording - Chief Research Officer Richard Koss spoke at the IMN China Securitization Virtual Series
Recursion’s Chief Research Officer Richard Koss joined the IMN China Securitization Virtual Series hosted by Information Management Network (IMN) on December 8th. Mr. Koss discussed the real estate markets outlook for US and China during the recovery from the pandemic in the session “Outlook for 2021: The Global Economy”.
The audio can be access through
Along with Richard, other Session speakers include:
Recursion’s Chief Research Officer Richard Koss will speak at the China Securitization Virtual Series hosted by Information Management Network (IMN) on December 8th in the panel discussion “Outlook for 2021: The Global Economy”. Mr. Koss will discuss the real estate markets for the US and China, also the economic outlook for both countries during the recovery from the pandemic.
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Recursion’s team of 3 led by Chief Executive Officer Li Chang, joined by Kathy Ma and Tianci Zhu, successfully completed the NYCRIN Virtual Innovation Corps Program sponsored by the National Science Foundation.
The curriculum of this program encourages entrepreneurs to get out of the building and talk in person to their targeted market regarding their unmet needs. Recursion’s team completed a great number of interviews during the 8-week program and collected detailed feedback from our current and potential customers. Recursion is always actively developing our products and focusing on providing our customers effective solutions to meet their daily needs.
Congratulations Li, Kathy and Tianci!
Our Chief Executive Officer, Li Chang, was invited by the Finding Genius Podcast to talk about the concept of “data democratization” in the mortgage big data space. Li shared how her career path and work experience led her to start Recursion Co. She also described how Recursion rearranges and normalizes “messy” data into business insights, what achievements Recursion has attained, and what types of customers Recursion is seeking currently.
Source: Finding Genius Podcast